MICR Code: 507808005

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0bcb008
MICR Code: 507808005
Address: H. No.2-4-581, Opp. Parnasala, Rotary Nagar, Khammam
City: Khammam
District: Khammam
State: Telangana

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 507808005.

  • In this case first three codes 507 is city code and it represents city Khammam.
  • Next three characters 808 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 005 represents branch. In our case branch is located at address H. No.2-4-581, Opp. Parnasala, Rotary Nagar, Khammam.

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.