MICR Code: 415869352

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0030014
MICR Code: 415869352
Address: Akar Pride, Near Datta Mandir, Agashivnagar, Malkapur, Karad, District Satara 415110
City: Satara
District: Karad
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 415869352.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 869 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 352 represents branch. In our case branch is located at address Akar Pride, Near Datta Mandir, Agashivnagar, Malkapur, Karad, District Satara 415110.

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.