Thane District Central Co-operative Bank Nagzari
Nagzari · Palghar, Maharashtra
401524003 is the MICR code for the Nagzari branch of Thane District Central Co-operative Bank, located in Palghar, 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 TDCB0000118.
Bank
Thane District Central Co-operative Bank
Branch & Address
Nagzari
House no 299 a Ground Floor Post Nagzari Tal & Dist Palghar 401405
Palghar, Boisar, Maharashtra
Contact
+9122685162233MICR Code Structure
401
City
524
Bank
003
Branch
City code 401 identifies the RBI clearing centre, bank code 524 identifies Thane District Central Co-operative Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Thane District Central Co-operative Bank branches near Palghar
Other banks in Palghar, 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 (TDCB0000118) 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 401524003 is in the middle, and your account number is on the right.