MICR Code: 560267010

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0mcb010
MICR Code: 560267010
Address: 2, Basaveswara Circle, Beml Layout,3 Rd Stage, Rajarajeswari Nagar, Bangalore-560098
City: Bangalore Urban
District: Bangalore
State: Karnataka

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 560267010.

  • In this case first three codes 560 is city code and it represents city Bangalore Urban.
  • Next three characters 267 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 010 represents branch. In our case branch is located at address 2, Basaveswara Circle, Beml Layout,3 Rd Stage, Rajarajeswari Nagar, Bangalore-560098.

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.