Parwanoo Urban Co-operative Bank Parwanoo Urban Co-operative Bank IMPS
Parwanoo Urban Co-operative Bank IMPS · Mumbai, Maharashtra
160024069 is the MICR code for the Parwanoo Urban Co-operative Bank IMPS branch of Parwanoo Urban Co-operative Bank, located in Mumbai, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code YESB0TPCB02.
Bank
Parwanoo Urban Co-operative Bank
Branch & Address
Parwanoo Urban Co-operative Bank IMPS
Plot 4a, Sector 1, Parwanoo - 173220
Mumbai, Parwanoo, Maharashtra
Contact
+919218602400MICR Code Structure
160
City
024
Bank
069
Branch
City code 160 identifies the RBI clearing centre, bank code 024 identifies Parwanoo Urban Co-operative Bank, and branch code 069 identifies this specific branch.
Online Payment Methods Supported
Other Parwanoo Urban Co-operative Bank branches near Mumbai
Other banks in Mumbai, Maharashtra
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (YESB0TPCB02) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 160024069 is in the middle, and your account number is on the right.