| MICR CODE | 400807019 |
|---|---|
| Bank | Model Cooperative Bank Ltd |
| Branch | Bhayander |
| IFSC Code | IFSC Code Model Cooperative Bank Ltd |
| Address | Kamathiya Bhavan,opp Salasar Tower,bhayander Phatak Road,dist Thane |
| City | Mumbai |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).