MICR Code: 470026505

Bank: Union Bank of India
IFSC Code: Ubin0557196
MICR Code: 470026505
Address: Near State Bank Ofindia Station Road
City: Khargone
District: Khurai
State: Madhya 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 470026505.

  • In this case first three codes 470 is city code and it represents city Khargone.
  • Next three characters 026 represents bank Union Bank of India.
  • Remaining characters which are 505 represents branch. In our case branch is located at address Near State Bank Ofindia Station Road.

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.