MICR Code: 400088091

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000268
MICR Code: 400088091
Address: 1-7, Agarwal Corner, Plot No. 21, Sector 21, Nerul (E), Navi Mumbai 400 706.
City: Thane
District: New Bombay
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 400088091.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 088 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 091 represents branch. In our case branch is located at address 1-7, Agarwal Corner, Plot No. 21, Sector 21, Nerul (E), Navi Mumbai 400 706..

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.