Bhagyodaya Co-operative Bank Bhagyodaya Co-operative Bank IMPS
Bhagyodaya Co-operative Bank IMPS · Mumbai, Maharashtra
380134001 is the MICR code for the Bhagyodaya Co-operative Bank IMPS branch of Bhagyodaya 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 HDFC0CTBCBL.
Bank
Bhagyodaya Co-operative Bank
Branch & Address
Bhagyodaya Co-operative Bank IMPS
Nava Madhupura , nr Delhi Darwaja , Ahmedabad 380 004
Mumbai, Ahmedabad, Maharashtra
Contact
+919925121810Codes for this Branch
MICR (cheques)
380134001
IFSC (online transfers)
HDFC0CTBCBL
SWIFT / BIC
HDFCINBB
MICR Code Structure
380
City
134
Bank
001
Branch
City code 380 identifies the RBI clearing centre, bank code 134 identifies Bhagyodaya Co-operative Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Bhagyodaya 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 (HDFC0CTBCBL) 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 380134001 is in the middle, and your account number is on the right.