Saraswat Co-operative Bank CBD Belapur
CBD Belapur · Thane, Maharashtra
400088120 is the MICR code for the CBD Belapur branch of Saraswat 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 SRCB0000397.
Bank
Saraswat Co-operative Bank
Branch & Address
CBD Belapur
Shop no 20, 21, 37, 38, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai - 400614
Thane, New Bombay, Maharashtra
Contact
+912227560083MICR Code Structure
400
City
088
Bank
120
Branch
City code 400 identifies the RBI clearing centre, bank code 088 identifies Saraswat Co-operative Bank, and branch code 120 identifies this specific branch.
Online Payment Methods Supported
Other Saraswat 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 (SRCB0000397) 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 400088120 is in the middle, and your account number is on the right.