Which bank does MICR code 380141002 belong to?

MICR code 380141002 belongs to Progressive Mercantile Co-operative Bank, Progressive Mercantile Co-operative Bank IMPS branch, located at Progressive Bank Bhavan , 670/1 , Station Road , Ahmedabad - 380002, Mumbai, Maharashtra. The corresponding IFSC code is HDFC0CPMCBL.

What is the IFSC code for MICR 380141002?

The IFSC code for Progressive Mercantile Co-operative Bank Progressive Mercantile Co-operative Bank IMPS branch (MICR: 380141002) is HDFC0CPMCBL. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (380) represent the city/clearing centre, the next 3 digits (141) identify the bank, and the last 3 digits (002) identify the specific branch. For 380141002, the city code is 380, bank code is 141, and branch code is 002.

Progressive Mercantile Co-operative Bank Progressive Mercantile Co-operative Bank IMPS

Progressive Mercantile Co-operative Bank IMPS · Mumbai, Maharashtra

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380141002

380141002 is the MICR code for the Progressive Mercantile Co-operative Bank IMPS branch of Progressive Mercantile 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 HDFC0CPMCBL.

Bank

Progressive Mercantile Co-operative Bank

Branch & Address

Progressive Mercantile Co-operative Bank IMPS

Progressive Bank Bhavan , 670/1 , Station Road , Ahmedabad - 380002

Mumbai, Ahmedabad, Maharashtra

Contact

+917922134749

Codes for this Branch

MICR (cheques)

380141002

IFSC (online transfers)

HDFC0CPMCBL

View

SWIFT / BIC

HDFCINBB

MICR Code Structure

380

City

141

Bank

002

Branch

City code 380 identifies the RBI clearing centre, bank code 141 identifies Progressive Mercantile Co-operative Bank, and branch code 002 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Progressive Mercantile Co-operative Bank branches near Mumbai

Ab Bank IMPS Mumbai, Maharashtra HDFC0CABBLM Abhinandan Urban Co-operative Bank Amravati IMPS Mumbai, Maharashtra HDFC0CMAN01 Adarsh Co-operative Bank IMPS Mumbai, Maharashtra HDFC0CADARS Adarsh Mahila Mercantile Co-operative Bank IMPS Mumbai, Maharashtra HDFC0CAMMCO Agrasen Co-operative Urban Bank IMPS Mumbai, Maharashtra HDFC0CAUB01 Agrasen Nagari Sahakari Bank IMPS Mumbai, Maharashtra HDFC0CTANSB

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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 (HDFC0CPMCBL) 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 380141002 is in the middle, and your account number is on the right.

View full branch details for IFSC HDFC0CPMCBL