Nasik Merchants Co-operative Bank Surat
Surat · Surat, Gujarat
395369002 is the MICR code for the Surat branch of Nasik Merchants Co-operative Bank, located in Surat, 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 NMCB0000044.
Bank
Nasik Merchants Co-operative Bank
Branch & Address
Surat
C.s.no 868, Tp 6, Fp 264/p , Shri Jai Maruti Complex, Udhana Darwaja, Ring Road, Near Gujrat Samachar Press, Surat Dist.-surat (gujarat) 395002
Surat, Surat, Gujarat
Contact
+912612631670MICR Code Structure
395
City
369
Bank
002
Branch
City code 395 identifies the RBI clearing centre, bank code 369 identifies Nasik Merchants Co-operative Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other banks in Surat, 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 (NMCB0000044) 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 395369002 is in the middle, and your account number is on the right.