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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The Shamrao Vithal Cooperative Bank Ltd
  4. Maharashtra
  5. New Mondha
  6. Nanded
  7. MICR: 431811101

MICR Code: 431811101

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0023002
MICR Code: 431811101
Address: Pokarn Complex, New Mondha, Nanded
City: Nanded
District: New Mondha
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 431811101.

  • In this case first three codes 431 is city code and it represents city Nanded.
  • Next three characters 811 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Pokarn Complex, New Mondha, Nanded.

How to find micr code (for example 431811101) 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.