MICR Code: 400087007

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0013007
MICR Code: 400087007
Address: Suraj Complex, Shop No 2 & 3, Plot No. 2 &21, Sector No. 36, Kamothe Navi Mumbai -410209
City: Raigad
District: Kamothe
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 400087007.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 087 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 007 represents branch. In our case branch is located at address Suraj Complex, Shop No 2 & 3, Plot No. 2 &21, Sector No. 36, Kamothe Navi Mumbai -410209.

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.