Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 400500002 belongs to JP Morgan Chase Bank NA, Jp Morgan Chase Bank Na Imps branch in Mumbai, Maharashtra. The matching IFSC code is CHAS0INBX01.
How to read MICR 400500002
400: the city code. It usually follows the first digits of the area's PIN code; here it is Mumbai.
500: the bank code, the same for every branch of JP Morgan Chase Bank NA in cheque clearing.
002: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (CHAS0INBX01 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 400500002 belong to?
JP Morgan Chase Bank NA, Jp Morgan Chase Bank Na Imps branch (Mumbai, Maharashtra).
What is the IFSC code for MICR 400500002?
CHAS0INBX01.
What do the digits of 400500002 mean?
400 is the city code, 500 the bank code and 002 the branch code.
