MICR Code: 423802352

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0035006
MICR Code: 423802352
Address: Balaji Galli, Yeola
City: Nasik
District: Yeola
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 423802352.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 802 represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 352 represents branch. In our case branch is located at address Balaji Galli, Yeola.

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.