Gulshan Mercantile Urban Co-operative Bank Gulshan Mercantile Urban Co-operative Bank IMPS
Gulshan Mercantile Urban Co-operative Bank IMPS · Mumbai, Maharashtra
251854002 is the MICR code for the Gulshan Mercantile Urban Co-operative Bank IMPS branch of Gulshan Mercantile 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 IBKL01529GM.
Bank
Gulshan Mercantile Urban Co-operative Bank
Branch & Address
Gulshan Mercantile Urban Co-operative Bank IMPS
129 130 C, New Mandi, Muzaffar Nagar
Mumbai, Muzaffarnagar, Maharashtra
Contact
+911312600051MICR Code Structure
251
City
854
Bank
002
Branch
City code 251 identifies the RBI clearing centre, bank code 854 identifies Gulshan Mercantile Urban Co-operative Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Gulshan Mercantile 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 (IBKL01529GM) 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 251854002 is in the middle, and your account number is on the right.