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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Shivalik Mercantile Co Operative Bank Ltd
  4. Madhya Pradesh
  5. Indore
  6. Indore
  7. MICR: 452721001

MICR Code: 452721001

Bank: Shivalik Mercantile Co Operative Bank Ltd
IFSC Code: Smcb0001010
MICR Code: 452721001
Address: 100, Jaora Compound, Bhagwati Palace, Indore Mp 452001
City: Indore
District: Indore
State: Madhya Pradesh

What is MICR Code?

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.

Details of MICR Code

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 452721001.

  • In this case first three codes 452 is city code and it represents city Indore.
  • Next three characters 721 represents bank Shivalik Mercantile Co Operative Bank Ltd.
  • Remaining characters which are 001 represents branch. In our case branch is located at address 100, Jaora Compound, Bhagwati Palace, Indore Mp 452001.

How to find micr code (for example 452721001) from bank account number?

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.