MICR Code: 577006586

Bank: State Bank of Mysore
IFSC Code: Sbmy0041065
MICR Code: 577006586
Address: Gramapanchayat Samudaya Bhavana, Tumkurlahalli, Molakalamuru Taluk, Chitradurga District
City: Chitradurga
District: Molakalmuru
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 577006586.

  • In this case first three codes 577 is city code and it represents city Chitradurga.
  • Next three characters 006 represents bank State Bank of Mysore.
  • Remaining characters which are 586 represents branch. In our case branch is located at address Gramapanchayat Samudaya Bhavana, Tumkurlahalli, Molakalamuru Taluk, Chitradurga District.

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.