MICR Code: 305501029

Bank: The Rajasthan State Cooperative Bank Ltd
IFSC Code: Rscb0011009
MICR Code: 305501029
Address: Near Bus Stand Masuda Pin Code No 305623
City: Ajmer
District: Ajmer
State: Rajasthan

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 305501029.

  • In this case first three codes 305 is city code and it represents city Ajmer.
  • Next three characters 501 represents bank The Rajasthan State Cooperative Bank Ltd.
  • Remaining characters which are 029 represents branch. In our case branch is located at address Near Bus Stand Masuda Pin Code No 305623.

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.