MICR Code: 400803008
| Bank: Vasai Vikas Sahakari Bank Ltd |
| IFSC Code: Vvsb0000008 |
| MICR Code: 400803008 |
| Address: New Krishna Niwas, Chandavarkar Cross Road, Borivali (W), Mumbai 400 092, |
| City: Mumbai |
| 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 400803008.
- In this case first three codes 400 is city code and it represents city Mumbai.
- Next three characters 803 represents bank Vasai Vikas Sahakari Bank Ltd.
- Remaining characters which are 008 represents branch. In our case branch is located at address New Krishna Niwas, Chandavarkar Cross Road, Borivali (W), Mumbai 400 092,.
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.