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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Karnataka
  5. Kundargi
  6. Bagalkot
  7. MICR: 587002214

MICR Code: 587002214

Bank: State Bank of India
IFSC Code: Sbin0005531
MICR Code: 587002214
Address: Bilgi Tq., Dt. Bagalkot, Karnataka 587214
City: Bagalkot
District: Kundargi
State: Karnataka

What is MICR Code?

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.

Details of MICR Code

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 587002214.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 214 represents branch. In our case branch is located at address Bilgi Tq., Dt. Bagalkot, Karnataka 587214.

How to find micr code (for example 587002214) from bank account number?

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.