MICR Code: 431564402

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0ssb002
MICR Code: 431564402
Address: Akola Road, Hingoli
City: Hingoli
District: Hingoli
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 431564402.

  • In this case first three codes 431 is city code and it represents city Hingoli.
  • Next three characters 564 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 402 represents branch. In our case branch is located at address Akola Road, Hingoli.

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.