MICR Code: 400110010
| Bank: The Municipal Co Operative Bank Ltd, Mumbai |
| IFSC Code: Mubl0000010 |
| MICR Code: 400110010 |
| Address: T/ Ward Municipal Building, Devidayal Road, Mulund ( West), Mumbai-400 080 |
| City: Greater Bombay |
| 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 400110010.
- In this case first three codes 400 is city code and it represents city Greater Bombay.
- Next three characters 110 represents bank The Municipal Co Operative Bank Ltd, Mumbai.
- Remaining characters which are 010 represents branch. In our case branch is located at address T/ Ward Municipal Building, Devidayal Road, Mulund ( West), Mumbai-400 080.
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.