MICR Code: 587801103

Bank: The Karnataka State Apex Cooperative Bank Ltd
IFSC Code: Kscb0702001
MICR Code: 587801103
Address: Sector No 24, Navanagar, Bagalkot 587102
City: Bagalkot
District: Bagalkot
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 587801103.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 801 represents bank The Karnataka State Apex Cooperative Bank Ltd.
  • Remaining characters which are 103 represents branch. In our case branch is located at address Sector No 24, Navanagar, Bagalkot 587102.

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.