MICR Code: 400345018
Bank: The Shamrao Vithal Cooperative Bank Ltd |
IFSC Code: Svcb0007018 |
MICR Code: 400345018 |
Address: Shop No 7& 8, Dream City, Plot No 41, Sector 11, Phase I, Taloja Panchanand, Navi Mumbai |
City: Raigad |
District: Taloja |
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 400345018.
- In this case first three codes 400 is city code and it represents city Raigad.
- Next three characters 345 represents bank The Shamrao Vithal Cooperative Bank Ltd.
- Remaining characters which are 018 represents branch. In our case branch is located at address Shop No 7& 8, Dream City, Plot No 41, Sector 11, Phase I, Taloja Panchanand, Navi Mumbai.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.