MICR Code: 416488153

Bank: The Karad Urban Co-op Bank Ltd
IFSC Code: Kucb0488049
MICR Code: 416488153
Address: C.S. No- 5250 & 5201 , Laxmi Market , Miraj - 416 410
City: Sangli
District: Miraj Market
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 416488153.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 488 represents bank The Karad Urban Co-op Bank Ltd.
  • Remaining characters which are 153 represents branch. In our case branch is located at address C.S. No- 5250 & 5201 , Laxmi Market , Miraj - 416 410.

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.