MICR Code: 416060152

Bank: Tamilnad Mercantile Bank Limited
IFSC Code: Tmbl0000315
MICR Code: 416060152
Address: No.675/9, 676/10, First Floor, Opp. Central Excise Quarters, Kodhapur Road, Jaysingpur- 416 101, Maharashtra
City: Kolhapur
District: Jaysingpur
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 416060152.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 060 represents bank Tamilnad Mercantile Bank Limited.
  • Remaining characters which are 152 represents branch. In our case branch is located at address No.675/9, 676/10, First Floor, Opp. Central Excise Quarters, Kodhapur Road, Jaysingpur- 416 101, Maharashtra.

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.