Pragati Co-operative Bank, Thara Pragati Co-operative Bank, Thara IMPS
Pragati Co-operative Bank, Thara IMPS · Mumbai, Maharashtra
385807501 is the MICR code for the Pragati Co-operative Bank, Thara IMPS branch of Pragati Co-operative Bank, Thara, 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 GSCB0UTPCBL.
Bank
Pragati Co-operative Bank, Thara
Branch & Address
Pragati Co-operative Bank, Thara IMPS
The Pragati Co.op.bank Ltd., HO Thara-385555 Ta-kankrej, Dist.banaskantha (n.g.)
Mumbai, Thara, Maharashtra
Contact
+912747222258MICR Code Structure
385
City
807
Bank
501
Branch
City code 385 identifies the RBI clearing centre, bank code 807 identifies Pragati Co-operative Bank, Thara, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Pragati Co-operative Bank, Thara 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 (GSCB0UTPCBL) 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 385807501 is in the middle, and your account number is on the right.