MICR Code: 400089070

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0000079
MICR Code: 400089070
Address: Shop Nos.1-3, Land View Co- Operative Housing Society Ltd., Opp. Maratha Bhavan, Sector 15 Vashi, Navi Mumbai-400 705.
City: Thane
District: New Bombay
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 400089070.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 089 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 070 represents branch. In our case branch is located at address Shop Nos.1-3, Land View Co- Operative Housing Society Ltd., Opp. Maratha Bhavan, Sector 15 Vashi, Navi Mumbai-400 705..

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.