MICR Code: 625060003
| Bank: Tamilnad Mercantile Bank Limited |
| IFSC Code: Tmbl0000093 |
| MICR Code: 625060003 |
| Address: 28, Naicker New Street, Simmakkal, Madurai-625001 Tamilnadu |
| City: Madurai |
| District: Madurai |
| State: Tamil Nadu |
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 625060003.
- In this case first three codes 625 is city code and it represents city Madurai.
- Next three characters 060 represents bank Tamilnad Mercantile Bank Limited.
- Remaining characters which are 003 represents branch. In our case branch is located at address 28, Naicker New Street, Simmakkal, Madurai-625001 Tamilnadu.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.