MICR Code: 415822151

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0016012
MICR Code: 415822151
Address: Krishna Hights, Raviwar Peth, Shivaji Chowk, Near Dhumal Hospital, Phaltan-115523
City: Satara
District: Phaltan
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 415822151.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 822 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 151 represents branch. In our case branch is located at address Krishna Hights, Raviwar Peth, Shivaji Chowk, Near Dhumal Hospital, Phaltan-115523.

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.