MICR Code: 400088105

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000340
MICR Code: 400088105
Address: Vivekanand Sankul, Sector 4, Sanpada, Navi Mumbai 400 705.
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 400088105.

  • 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 105 represents branch. In our case branch is located at address Vivekanand Sankul, Sector 4, Sanpada, Navi Mumbai 400 705..

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.