MICR Code: 586864003

Bank: The Karnataka State Apex Cooperative Bank Ltd
IFSC Code: Kscb0014001
MICR Code: 586864003
Address: K C Nagar, Sholapur Road, Bijapur 586103
City: Bijapur
District: Bijapur
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 586864003.

  • In this case first three codes 586 is city code and it represents city Bijapur.
  • Next three characters 864 represents bank The Karnataka State Apex Cooperative Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address K C Nagar, Sholapur Road, Bijapur 586103.

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.