MICR Code: 416098009
| Bank: Apna Sahakari Bank Ltd |
| IFSC Code: Asbl0000032 |
| MICR Code: 416098009 |
| Address: 2402/2, A Ward, Ubha Maruti Chowk, Shivaji Peth, Kolhapur 416012 |
| City: Kolhapur |
| District: Kolhapur |
| 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 416098009.
- In this case first three codes 416 is city code and it represents city Kolhapur.
- Next three characters 098 represents bank Apna Sahakari Bank Ltd.
- Remaining characters which are 009 represents branch. In our case branch is located at address 2402/2, A Ward, Ubha Maruti Chowk, Shivaji Peth, Kolhapur 416012.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.