MICR Code: 400386003
| Bank: Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd |
| IFSC Code: Kaij0000020 |
| MICR Code: 400386003 |
| Address: Swapnil, 5, Swami Vivekanand Chowk, J Nehru Road, Mulund, Mumbai 400080 |
| City: Mumbai |
| 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 400386003.
- In this case first three codes 400 is city code and it represents city Mumbai.
- Next three characters 386 represents bank Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd.
- Remaining characters which are 003 represents branch. In our case branch is located at address Swapnil, 5, Swami Vivekanand Chowk, J Nehru Road, Mulund, Mumbai 400080.
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.