Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 587801103 belongs to Karnataka State Co-operative Apex Bank, Bagalkot District Central Coop Bank branch in Bagalkot, Karnataka. The matching IFSC code is KSCB0702001.
How to read MICR 587801103
587: the city code. It usually follows the first digits of the area's PIN code; here it is Bagalkot.
801: the bank code, the same for every branch of Karnataka State Co-operative Apex Bank in cheque clearing.
103: 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 (KSCB0702001 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 587801103 belong to?
Karnataka State Co-operative Apex Bank, Bagalkot District Central Coop Bank branch (Bagalkot, Karnataka).
What is the IFSC code for MICR 587801103?
KSCB0702001.
What do the digits of 587801103 mean?
587 is the city code, 801 the bank code and 103 the branch code.
