Karnataka Bank Gonikoppal
Gonikoppal · South Coorg, Karnataka
571052527 is the MICR code for the Gonikoppal branch of Karnataka Bank, located in South Coorg, Karnataka. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code KARB0000260.
Bank
Karnataka Bank
Branch & Address
Gonikoppal
First Floor, Ronica Complex, Main Road, Gonikoppal, PIN - 571213
South Coorg, Gonikoppal, Karnataka
Contact
+918274247587MICR Code Structure
571
City
052
Bank
527
Branch
City code 571 identifies the RBI clearing centre, bank code 052 identifies Karnataka Bank, and branch code 527 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Bank branches near South Coorg
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (KARB0000260) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 571052527 is in the middle, and your account number is on the right.