MICR Code: 400096021

Bank: Mahanagar Cooperative Bank Ltd
IFSC Code: Mcbl0960021
MICR Code: 400096021
Address: Ncrd Nutan Vidyalaya, Sector-19, Nerul, Navi Mumbai-400706
City: Thane
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 400096021.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 096 represents bank Mahanagar Cooperative Bank Ltd.
  • Remaining characters which are 021 represents branch. In our case branch is located at address Ncrd Nutan Vidyalaya, Sector-19, Nerul, 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.