| MICR CODE | 582483546 |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| Branch | Magadi |
| IFSC Code | IFSC Code Karnataka Vikas Grameena Bank |
| Address | Sri Gajanana Complex, Gada Laxmishwar Road Magadi,tq: Shirahatti, Dt: Gadag |
| City | Shirahatti |
| State | Karnataka |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).