Which bank does MICR code 395243003 belong to?

MICR code 395243003 belongs to Rander Peoples Co-operative Bank, Rander Peoples Co-operative Bank IMPS branch, located at Bank Building, Botawala Marg, Rander, Surat. 395005, Mumbai, Maharashtra. The corresponding IFSC code is HDFC0CRPCBL.

What is the IFSC code for MICR 395243003?

The IFSC code for Rander Peoples Co-operative Bank Rander Peoples Co-operative Bank IMPS branch (MICR: 395243003) is HDFC0CRPCBL. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (395) represent the city/clearing centre, the next 3 digits (243) identify the bank, and the last 3 digits (003) identify the specific branch. For 395243003, the city code is 395, bank code is 243, and branch code is 003.

Rander Peoples Co-operative Bank Rander Peoples Co-operative Bank IMPS

Rander Peoples Co-operative Bank IMPS · Mumbai, Maharashtra

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395243003

395243003 is the MICR code for the Rander Peoples Co-operative Bank IMPS branch of Rander Peoples Co-operative Bank, 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 HDFC0CRPCBL.

Bank

Rander Peoples Co-operative Bank

Branch & Address

Rander Peoples Co-operative Bank IMPS

Bank Building, Botawala Marg, Rander, Surat. 395005

Mumbai, Surat, Maharashtra

Contact

+912612762622

Codes for this Branch

MICR (cheques)

395243003

IFSC (online transfers)

HDFC0CRPCBL

View

SWIFT / BIC

HDFCINBB

MICR Code Structure

395

City

243

Bank

003

Branch

City code 395 identifies the RBI clearing centre, bank code 243 identifies Rander Peoples Co-operative Bank, and branch code 003 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Rander Peoples Co-operative Bank branches near Mumbai

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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 (HDFC0CRPCBL) 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 395243003 is in the middle, and your account number is on the right.

View full branch details for IFSC HDFC0CRPCBL