| MICR CODE | 400807018 |
|---|---|
| Bank | Model Cooperative Bank Ltd |
| Branch | Palghar |
| IFSC Code | IFSC Code Model Cooperative Bank Ltd |
| Address | Shop No 5-10,shree Ram Verma Complex,bldg No 4,ambedkar Chowk,mahim-manor Road,palghar West - 401401 |
| 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).