MICR Code: 576059002

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000630
MICR Code: 576059002
Address: Gujjadi Towers, M G Road, Kalsanka / Kadiyali Sector, Udupi-576102
City: Udipi
District: Udupi
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 576059002.

  • In this case first three codes 576 is city code and it represents city Udipi.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Gujjadi Towers, M G Road, Kalsanka / Kadiyali Sector, Udupi-576102.

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.