State Transport Co-operative Bank State Transport Coop Bank Palghar
State Transport Coop Bank Palghar · Thane, Maharashtra
400068384 is the MICR code for the State Transport Coop Bank Palghar branch of State Transport Co-operative Bank, located in Thane, 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 MDCB0680384.
Bank
State Transport Co-operative Bank
Branch & Address
State Transport Coop Bank Palghar
Tulja Bhavan, 1st Floor, Opp Fish Market, Old Palghar, Dist Thane
Thane, Palghar, Maharashtra
Contact
+912525254731MICR Code Structure
400
City
068
Bank
384
Branch
City code 400 identifies the RBI clearing centre, bank code 068 identifies State Transport Co-operative Bank, and branch code 384 identifies this specific branch.
Online Payment Methods Supported
Other State Transport Co-operative Bank branches near Thane
Other banks in Thane, 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 (MDCB0680384) 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 400068384 is in the middle, and your account number is on the right.