MICR Code: 416022001

Bank: Oriental Bank of Commerce
IFSC Code: Orbc0101402
MICR Code: 416022001
Address: Diwan Niketan,313- Radhakrishna Vasahat , Near,S T Stand, Sangli, Sangli
City: Sangli
District: Sangli
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 416022001.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 022 represents bank Oriental Bank of Commerce.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Diwan Niketan,313- Radhakrishna Vasahat , Near,S T Stand, Sangli, Sangli.

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.