MICR Code: 431088005

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000098
MICR Code: 431088005
Address: Cts No. 15308 / 71 / 72, Garkheda, Opp. Gajanan Maharaj Temple Complex, Aurangabad - 431 005.
City: Aurangabad
District: Aurangabad
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 431088005.

  • 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 005 represents branch. In our case branch is located at address Cts No. 15308 / 71 / 72, Garkheda, Opp. Gajanan Maharaj Temple Complex, Aurangabad - 431 005..

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.