MICR Code: 400328038

Bank: Punjab and Maharashtra Cooperative Bank Ltd
IFSC Code: Pmcb0000038
MICR Code: 400328038
Address: Kaledonia Comm Complex, Koldongri Road, Vijay Nagar, Andheri East , Mumbai 400058
City: Greater Bombay
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 400328038.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 328 represents bank Punjab and Maharashtra Cooperative Bank Ltd.
  • Remaining characters which are 038 represents branch. In our case branch is located at address Kaledonia Comm Complex, Koldongri Road, Vijay Nagar, Andheri East , Mumbai 400058.

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.