1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The Shamrao Vithal Cooperative Bank Ltd
  4. Maharashtra
  5. Kolhapur
  6. Kolhapur
  7. MICR: 416089002

MICR Code: 416089002

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0000203
MICR Code: 416089002
Address: Cs No. 681A, Mahaveer Bhavan, E Ward, 2 Nd Lane, Shahupuri, Kolhapur ┬Û 416 001.
City: Kolhapur
District: Kolhapur
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 416089002.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 089 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Cs No. 681A, Mahaveer Bhavan, E Ward, 2 Nd Lane, Shahupuri, Kolhapur ┬Û 416 001..

How to find micr code (for example 416089002) from bank account number?

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.