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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The Shamrao Vithal Cooperative Bank Ltd
  4. Maharashtra
  5. Puntamba
  6. Ahmadnagar
  7. MICR: 423802501

MICR Code: 423802501

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0035005
MICR Code: 423802501
Address: Main Bazar Peth, Tal Rahata
City: Ahmadnagar
District: Puntamba
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 423802501.

  • In this case first three codes 423 is city code and it represents city Ahmadnagar.
  • Next three characters 802 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Main Bazar Peth, Tal Rahata.

How to find micr code (for example 423802501) 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.