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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Saraswat Cooperative Bank Ltd
  4. Maharashtra
  5. Alibag
  6. Raigad
  7. MICR: 402088101

MICR Code: 402088101

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000224
MICR Code: 402088101
Address: Hotel Mira- Madhav, 1 St Floor, Opp. S. T. Stand, Alibaug, Dist- Raigad, Pin - 402201.
City: Raigad
District: Alibag
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 402088101.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 088 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Hotel Mira- Madhav, 1 St Floor, Opp. S. T. Stand, Alibaug, Dist- Raigad, Pin - 402201..

How to find micr code (for example 402088101) from bank account number?

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.