MICR Code: 575006503
| Bank: State Bank of Mysore |
| IFSC Code: Sbmy0041050 |
| MICR Code: 575006503 |
| Address: S A Complex Purusharakatte Narimogaru Puttur 574202 |
| City: Dakshina Kannada Dist |
| District: Puttur |
| 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 575006503.
- In this case first three codes 575 is city code and it represents city Dakshina Kannada Dist.
- Next three characters 006 represents bank State Bank of Mysore.
- Remaining characters which are 503 represents branch. In our case branch is located at address S A Complex Purusharakatte Narimogaru Puttur 574202.
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.