MICR Code: 411086015

Bank: NKGSB Cooperative Bank Ltd
IFSC Code: Nkgs0000108
MICR Code: 411086015
Address: Shop No 1, Ground Floor, Suyog Centre, Gultekdi, Market Yard Pune 411037
City: Greater Bombay
District: Pune
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 411086015.

  • In this case first three codes 411 is city code and it represents city Greater Bombay.
  • Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
  • Remaining characters which are 015 represents branch. In our case branch is located at address Shop No 1, Ground Floor, Suyog Centre, Gultekdi, Market Yard Pune 411037.

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.