MICR Code: 587259251

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0052006
MICR Code: 587259251
Address: B. N. Totgeri Building, Tmc No 1806, Market Post, Kerur- 587206
City: Bagalkote
District: Kerur
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 587259251.

  • In this case first three codes 587 is city code and it represents city Bagalkote.
  • Next three characters 259 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 251 represents branch. In our case branch is located at address B. N. Totgeri Building, Tmc No 1806, Market Post, Kerur- 587206.

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.