MICR Code: 400086027
| Bank: NKGSB Cooperative Bank Ltd |
| IFSC Code: Nkgs0000034 |
| MICR Code: 400086027 |
| Address: Shop No 1 A, Harmony , J N Road, Vakola , Mumbai - 400 055 |
| 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 400086027.
- In this case first three codes 400 is city code and it represents city Mumbai.
- Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
- Remaining characters which are 027 represents branch. In our case branch is located at address Shop No 1 A, Harmony , J N Road, Vakola , Mumbai - 400 055.
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.