MICR Code: 400098045

Bank: Apna Sahakari Bank Ltd
IFSC Code: Asbl0000064
MICR Code: 400098045
Address: Shop No 1/2/3/4, Samarpan Chs, Narsi Mehta Marg, Ghatkoper West
City: Greater Bombay
District: Mumbai
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 400098045.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 098 represents bank Apna Sahakari Bank Ltd.
  • Remaining characters which are 045 represents branch. In our case branch is located at address Shop No 1/2/3/4, Samarpan Chs, Narsi Mehta Marg, Ghatkoper West.

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.