MICR Code: 431811504

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0023007
MICR Code: 431811504
Address: Shastri Nagar, Main Road, Purna, Tq. Purna, District Parbhani
City: Parbhani
District: Purna
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 431811504.

  • In this case first three codes 431 is city code and it represents city Parbhani.
  • Next three characters 811 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 504 represents branch. In our case branch is located at address Shastri Nagar, Main Road, Purna, Tq. Purna, District Parbhani.

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.