MICR Code: 400098056

Bank: Apna Sahakari Bank Ltd
IFSC Code: Asbl0000075
MICR Code: 400098056
Address: 1/8, House No 17 Choudhari House, Katai Kalyan Shilphata Road, Dist. Thane
City: Thane
District: Shilphata
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 400098056.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 098 represents bank Apna Sahakari Bank Ltd.
  • Remaining characters which are 056 represents branch. In our case branch is located at address 1/8, House No 17 Choudhari House, Katai Kalyan Shilphata Road, Dist. Thane.

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.