Gujarat State Co-operative Bank The Banaskantha Dist Cent Co Op Bank LTD Madhutra
The Banaskantha Dist Cent Co Op Bank LTD Madhutra · Patan, Gujarat
385801624 is the MICR code for the The Banaskantha Dist Cent Co Op Bank LTD Madhutra branch of Gujarat State Co-operative Bank, located in Patan, 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 GSCB0BKD050.
Bank
Gujarat State Co-operative Bank
Branch & Address
The Banaskantha Dist Cent Co Op Bank LTD Madhutra
At Post Madhutra
Patan, Madhutra, Gujarat
Contact
+912738299447MICR Code Structure
385
City
801
Bank
624
Branch
City code 385 identifies the RBI clearing centre, bank code 801 identifies Gujarat State Co-operative Bank, and branch code 624 identifies this specific branch.
Online Payment Methods Supported
Other Gujarat State Co-operative Bank branches near Patan
Other banks in Patan, 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 (GSCB0BKD050) 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 385801624 is in the middle, and your account number is on the right.