MICR Code: 247721602

Bank: Shivalik Mercantile Co Operative Bank Ltd
IFSC Code: Smcb0001002
MICR Code: 247721602
Address: Rambagh Road, Gangoh 247341 Distt. Saharanpur Up
City: Saharanpur
District: Gangoh
State: Uttar Pradesh

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 247721602.

  • In this case first three codes 247 is city code and it represents city Saharanpur.
  • Next three characters 721 represents bank Shivalik Mercantile Co Operative Bank Ltd.
  • Remaining characters which are 602 represents branch. In our case branch is located at address Rambagh Road, Gangoh 247341 Distt. Saharanpur Up.

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.