Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 562432002 belongs to KEB Hana Bank, Devanahalli Branch branch in Bengaluru, Karnataka. The matching IFSC code is KOEX0000005.
How to read MICR 562432002
562: the city code. It usually follows the first digits of the area's PIN code; here it is Bengaluru.
432: the bank code, the same for every branch of KEB Hana Bank in cheque clearing.
002: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (KOEX0000005 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 562432002 belong to?
KEB Hana Bank, Devanahalli Branch branch (Bengaluru, Karnataka).
What is the IFSC code for MICR 562432002?
KOEX0000005.
What do the digits of 562432002 mean?
562 is the city code, 432 the bank code and 002 the branch code.
