MICR Code: 423096001

Bank: Mahanagar Cooperative Bank Ltd
IFSC Code: Mcbl0960068
MICR Code: 423096001
Address: Kasliwal Towers Gr. Floor Plot No,15, Hissa No.13, Serve No.215/143/1, Kopargaon, Dist. Ahmednagar. Pin. 423601. Maharashtra.
City: Ahmadnagar
District: Kopargaon
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 423096001.

  • In this case first three codes 423 is city code and it represents city Ahmadnagar.
  • Next three characters 096 represents bank Mahanagar Cooperative Bank Ltd.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Kasliwal Towers Gr. Floor Plot No,15, Hissa No.13, Serve No.215/143/1, Kopargaon, Dist. Ahmednagar. Pin. 423601. Maharashtra..

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.