MICR Code: 414802011

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0008015
MICR Code: 414802011
Address: Krushi Utpanna Bazar Samiti, Nepti Upbazar Awar, Shop No. 317,318,319 Nepti, Tal & Dist Ahmednagar.
City: Ahmadnagar
District: Ahmadnagar
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 414802011.

  • In this case first three codes 414 is city code and it represents city Ahmadnagar.
  • Next three characters 802 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 011 represents branch. In our case branch is located at address Krushi Utpanna Bazar Samiti, Nepti Upbazar Awar, Shop No. 317,318,319 Nepti, Tal & Dist Ahmednagar..

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.