MICR Code: 505026523

Bank: Union Bank of India
IFSC Code: Ubin0532819
MICR Code: 505026523
Address: Mamata Complex, 1 St Floor,2-6-269, Main Road, Koratla - 505 326, Karimnagar Dist., Andhra Pradesh.
City: Karim Nagar
District: Koratla
State: Andhra Pradesh

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 505026523.

  • In this case first three codes 505 is city code and it represents city Karim Nagar.
  • Next three characters 026 represents bank Union Bank of India.
  • Remaining characters which are 523 represents branch. In our case branch is located at address Mamata Complex, 1 St Floor,2-6-269, Main Road, Koratla - 505 326, Karimnagar Dist., Andhra Pradesh..

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.