MICR Code: 416065501

Bank: Abhyudaya Cooperative Bank
IFSC Code: Abhy0065114
MICR Code: 416065501
Address: 3/16, A-1-B, Ground Floor, Hissa No.29, Survey No.204, Mumabai Goa Highway, At And Post - Kankavli, Dist - Sindhudurg 416602
City: Sindhudurg
District: Kankavli
State: Maharashtra

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 416065501.

  • In this case first three codes 416 is city code and it represents city Sindhudurg.
  • Next three characters 065 represents bank Abhyudaya Cooperative Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address 3/16, A-1-B, Ground Floor, Hissa No.29, Survey No.204, Mumabai Goa Highway, At And Post - Kankavli, Dist - Sindhudurg 416602.

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.