Urban Co-operative Bank Budaun Urban Co-operative Bank Budaun IMPS
Urban Co-operative Bank Budaun IMPS · Mumbai, Maharashtra
243802202 is the MICR code for the Urban Co-operative Bank Budaun IMPS branch of Urban Co-operative Bank Budaun, 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 IBKL01263UC.
Bank
Urban Co-operative Bank Budaun
Branch & Address
Urban Co-operative Bank Budaun IMPS
Urban Co Operative Bank LTD Station Road Budaun
Mumbai, Badaun, Maharashtra
Contact
+918273665165MICR Code Structure
243
City
802
Bank
202
Branch
City code 243 identifies the RBI clearing centre, bank code 802 identifies Urban Co-operative Bank Budaun, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Urban Co-operative Bank Budaun 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 (IBKL01263UC) 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 243802202 is in the middle, and your account number is on the right.