1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Saraswat Cooperative Bank Ltd
  4. Maharashtra
  5. Aurangabad
  6. Aurangabad
  7. MICR: 431088003

MICR Code: 431088003

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000070
MICR Code: 431088003
Address: Plot No. X-23, Waluj Industrial Area, Near Hotel Oasis, Waluj, Dist. Aurangabad - 431 136.
City: Aurangabad
District: Aurangabad
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 431088003.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 088 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Plot No. X-23, Waluj Industrial Area, Near Hotel Oasis, Waluj, Dist. Aurangabad - 431 136..

How to find micr code (for example 431088003) 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.