MICR Code: 400068050
| Bank: The Mumbai District Central Co-Op Bank Ltd |
| IFSC Code: Mdcb0680050 |
| MICR Code: 400068050 |
| Address: Gurukrupa Co Op Hsg Sty, Building No 5, Sidharth Nagar Iv, Goregaon W, Mumbai 400 062 |
| City: Mumbai |
| District: Mumbai |
| 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 400068050.
- In this case first three codes 400 is city code and it represents city Mumbai.
- Next three characters 068 represents bank The Mumbai District Central Co-Op Bank Ltd.
- Remaining characters which are 050 represents branch. In our case branch is located at address Gurukrupa Co Op Hsg Sty, Building No 5, Sidharth Nagar Iv, Goregaon W, Mumbai 400 062.
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.