MICR Code: 560574010
| Bank: Tumkur Grain Merchants Cooperative Bank Ltd |
| IFSC Code: Tgmb0000021 |
| MICR Code: 560574010 |
| Address: 685,A Sector, Opp Seshadripuram P U College, Yelhanka New Town, Bangalore 560064 |
| City: Bengaluru |
| District: Bengaluru |
| 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 560574010.
- In this case first three codes 560 is city code and it represents city Bengaluru.
- Next three characters 574 represents bank Tumkur Grain Merchants Cooperative Bank Ltd.
- Remaining characters which are 010 represents branch. In our case branch is located at address 685,A Sector, Opp Seshadripuram P U College, Yelhanka New Town, Bangalore 560064.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.