MICR Code: 573006523
| Bank: State Bank of Mysore |
| IFSC Code: Sbmy0041132 |
| MICR Code: 573006523 |
| Address: Panchayat Building Janivara Village Channarayapatna Taluk 573116 |
| City: Hassan |
| District: Channarayapatna |
| 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 573006523.
- In this case first three codes 573 is city code and it represents city Hassan.
- Next three characters 006 represents bank State Bank of Mysore.
- Remaining characters which are 523 represents branch. In our case branch is located at address Panchayat Building Janivara Village Channarayapatna Taluk 573116.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.