MICR Code: 520054002
| Bank: City Union Bank Ltd |
| IFSC Code: Ciub0000142 |
| MICR Code: 520054002 |
| Address: 108,109,110, Shivaji Market, I Floor, Plot No 8 And 9, Sector 19 D, Vashi, Navi Mumbai 400705 |
| City: Thane |
| District: Navi 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 520054002.
- In this case first three codes 520 is city code and it represents city Thane.
- Next three characters 054 represents bank City Union Bank Ltd.
- Remaining characters which are 002 represents branch. In our case branch is located at address 108,109,110, Shivaji Market, I Floor, Plot No 8 And 9, Sector 19 D, Vashi, Navi Mumbai 400705.
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.