MICR Code: 577898202

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0045003
MICR Code: 577898202
Address: Santosh Building, Jail Road, Shimoga
City: Shimoga
District: Shimoga
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 577898202.

  • In this case first three codes 577 is city code and it represents city Shimoga.
  • Next three characters 898 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Santosh Building, Jail Road, Shimoga.

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.