Gujarat State Co-operative Bank Progressive Mercantile Co Op Bank LTD Sabermati
Progressive Mercantile Co Op Bank LTD Sabermati · Ahmedabad, Gujarat
380141006 is the MICR code for the Progressive Mercantile Co Op Bank LTD Sabermati branch of Gujarat State Co-operative Bank, located in Ahmedabad, Gujarat. 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 GSCB0UPMC03.
Bank
Gujarat State Co-operative Bank
Branch & Address
Progressive Mercantile Co Op Bank LTD Sabermati
Nirman Tower Mrudul Park Sola Road
Ahmedabad, Ahmedabad, Gujarat
Contact
+917927431489MICR Code Structure
380
City
141
Bank
006
Branch
City code 380 identifies the RBI clearing centre, bank code 141 identifies Gujarat State Co-operative Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other Gujarat State Co-operative Bank branches near Ahmedabad
Other banks in Ahmedabad, Gujarat
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 (GSCB0UPMC03) 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 380141006 is in the middle, and your account number is on the right.