Co-operative Bank of Rajkot Lothada Branch
Lothada Branch · Rajkot, Gujarat
380441009 is the MICR code for the Lothada Branch branch of Co-operative Bank of Rajkot, located in Rajkot, 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 YESB0RAJ028.
Bank
Co-operative Bank of Rajkot
Branch & Address
Lothada Branch
Lothada Main Road Rajkot
Rajkot, Rajkot, Gujarat
Contact
+9102218001200MICR Code Structure
380
City
441
Bank
009
Branch
City code 380 identifies the RBI clearing centre, bank code 441 identifies Co-operative Bank of Rajkot, and branch code 009 identifies this specific branch.
Online Payment Methods Supported
Other Co-operative Bank of Rajkot branches near Rajkot
Other banks in Rajkot, 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 (YESB0RAJ028) 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 380441009 is in the middle, and your account number is on the right.