Rameshwar Co-operative Bank Rameshwar Coop Bank Borivali W
Rameshwar Coop Bank Borivali W · Greater Bombay, Maharashtra
400068354 is the MICR code for the Rameshwar Coop Bank Borivali W branch of Rameshwar Co-operative Bank, located in Greater Bombay, 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 MDCB0680354.
Bank
Rameshwar Co-operative Bank
Branch & Address
Rameshwar Coop Bank Borivali W
Prathmesh Horizon, New Saifee Shopee Super Market, Link Road, Borivali W, Mumbai 400 066
Greater Bombay, Mumbai, Maharashtra
Contact
+912228685455MICR Code Structure
400
City
068
Bank
354
Branch
City code 400 identifies the RBI clearing centre, bank code 068 identifies Rameshwar Co-operative Bank, and branch code 354 identifies this specific branch.
Online Payment Methods Supported
Other Rameshwar Co-operative Bank branches near Greater Bombay
Other banks in Greater Bombay, 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 (MDCB0680354) 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 400068354 is in the middle, and your account number is on the right.