MICR Code: 400088120

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000397
MICR Code: 400088120
Address: Shop No 20, 21,37, 38, Shree Nand Dham, Sector 11, Cbd Belapur, Navi Mumbai - 400614
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 400088120.

  • 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 120 represents branch. In our case branch is located at address Shop No 20, 21,37, 38, Shree Nand Dham, Sector 11, Cbd Belapur, Navi Mumbai - 400614.

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.