MICR Code: 400098052

Bank: Apna Sahakari Bank Ltd
IFSC Code: Asbl0000071
MICR Code: 400098052
Address: Shop No 11 And 12, F-2, Ashirwad Apartment Sector No 3 Nerul East Navi Mumbai 400706
City: Navi Mumbai
District: New 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 400098052.

  • In this case first three codes 400 is city code and it represents city Navi Mumbai.
  • Next three characters 098 represents bank Apna Sahakari Bank Ltd.
  • Remaining characters which are 052 represents branch. In our case branch is located at address Shop No 11 And 12, F-2, Ashirwad Apartment Sector No 3 Nerul East Navi Mumbai 400706.

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.