MICR Code: 400065061

Bank: Abhyudaya Cooperative Bank
IFSC Code: Abhy0065061
MICR Code: 400065061
Address: Shop No.30 To 33, Ground Floor, Shreeji Sangh, Sector - 7, Plot No. 15/16 Khanda Colony, Panvel 410206
City: Raigad
District: Panvel
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 400065061.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 065 represents bank Abhyudaya Cooperative Bank.
  • Remaining characters which are 061 represents branch. In our case branch is located at address Shop No.30 To 33, Ground Floor, Shreeji Sangh, Sector - 7, Plot No. 15/16 Khanda Colony, Panvel 410206.

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.