Co-operative Bank of Rajkot The Coop Bank of Rajkot Nadiad
The Coop Bank of Rajkot Nadiad · Kheda, Gujarat
387441001 is the MICR code for the The Coop Bank of Rajkot Nadiad branch of Co-operative Bank of Rajkot, located in Kheda, 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 YESB0RAJ019.
Bank
Co-operative Bank of Rajkot
Branch & Address
The Coop Bank of Rajkot Nadiad
Santram Road, Near Glob Cinema, Nadiad - 387001
Kheda, Nadiad, Gujarat
Contact
+912812234454MICR Code Structure
387
City
441
Bank
001
Branch
City code 387 identifies the RBI clearing centre, bank code 441 identifies Co-operative Bank of Rajkot, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Co-operative Bank of Rajkot branches near Kheda
Other banks in Kheda, 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 (YESB0RAJ019) 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 387441001 is in the middle, and your account number is on the right.