MICR Code: 581002343

Bank: State Bank of India
IFSC Code: Sbin0000865
MICR Code: 581002343
Address: Court Road Kumta Uttar Kannada Karnataka 581343
City: Uttara Kannada
District: Kumta
State: Karnataka

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 581002343.

  • In this case first three codes 581 is city code and it represents city Uttara Kannada.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 343 represents branch. In our case branch is located at address Court Road Kumta Uttar Kannada Karnataka 581343.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.