MICR Code: 416029310

Bank: Vijaya Bank
IFSC Code: Vijb0001826
MICR Code: 416029310
Address: Palus Branch, Dr. Tukaram Bhimrao Dhotre, Sai Samarth Buildi, Ng, Near Palus Sahkari Bank, Main Road,A/P P, Palus,-416310
City: Sangli
District: Palus
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 416029310.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 029 represents bank Vijaya Bank.
  • Remaining characters which are 310 represents branch. In our case branch is located at address Palus Branch, Dr. Tukaram Bhimrao Dhotre, Sai Samarth Buildi, Ng, Near Palus Sahkari Bank, Main Road,A/P P, Palus,-416310.

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.