MICR Code: 400059015

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000409
MICR Code: 400059015
Address: Mumbai Vashi Branch, Dr. Babasaheb Ambedkar Sankul, Plot No. 62 A , Sector - 29 , Navi Mumbai, Maharashtra , Pin-400703
City: Greater Bombay
District: Mumbai
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 400059015.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 015 represents branch. In our case branch is located at address Mumbai Vashi Branch, Dr. Babasaheb Ambedkar Sankul, Plot No. 62 A , Sector - 29 , Navi Mumbai, Maharashtra , Pin-400703.

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.