MICR Code: 400088149

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000446
MICR Code: 400088149
Address: 1011-1013, City Mall, Mayuresh Trade Centre, Plot No.4, Sector-19,A Wing, Vashi- Turbhe Road, Turbhe, New Mumbai,400705
City: New Mumbai
District: New Mumbai
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 400088149.

  • In this case first three codes 400 is city code and it represents city New Mumbai.
  • Next three characters 088 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 149 represents branch. In our case branch is located at address 1011-1013, City Mall, Mayuresh Trade Centre, Plot No.4, Sector-19,A Wing, Vashi- Turbhe Road, Turbhe, New Mumbai,400705.

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.