Sardargunj Mercantile Co-operative Bank Patan Sardargunj Mercantile Co-operative Bank Patan IMPS
Sardargunj Mercantile Co-operative Bank Patan IMPS · Mumbai, Maharashtra
384817081 is the MICR code for the Sardargunj Mercantile Co-operative Bank Patan IMPS branch of Sardargunj Mercantile Co-operative Bank Patan, 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 GSCB0USMCBL.
Bank
Sardargunj Mercantile Co-operative Bank Patan
Branch & Address
Sardargunj Mercantile Co-operative Bank Patan IMPS
The Sardar Gunj Mercantile Co.op.bank Ltd. H.o. Sardargunj, Patan 384 265 , North Gujarat
Mumbai, Patan, Maharashtra
Contact
+912766220265MICR Code Structure
384
City
817
Bank
081
Branch
City code 384 identifies the RBI clearing centre, bank code 817 identifies Sardargunj Mercantile Co-operative Bank Patan, and branch code 081 identifies this specific branch.
Online Payment Methods Supported
Other Sardargunj Mercantile Co-operative Bank Patan 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 (GSCB0USMCBL) 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 384817081 is in the middle, and your account number is on the right.