MICR Code: 416328006

Bank: Punjab and Maharashtra Cooperative Bank Ltd
IFSC Code: Pmcb0000214
MICR Code: 416328006
Address: 1061 Ward A Prince Shivaji Maratha Boarding New College Road Shivaji Peth Kolhapur 416012
City: Kolhapur
District: Kolhapur
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 416328006.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 328 represents bank Punjab and Maharashtra Cooperative Bank Ltd.
  • Remaining characters which are 006 represents branch. In our case branch is located at address 1061 Ward A Prince Shivaji Maratha Boarding New College Road Shivaji Peth Kolhapur 416012.

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.