Thane Bharat Sahakari Bank Pen
Pen · Raigad, Maharashtra
402525051 is the MICR code for the Pen branch of Thane Bharat Sahakari Bank, located in Raigad, 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 TBSB0000025.
Bank
Thane Bharat Sahakari Bank
Branch & Address
Pen
Rameshwar Vaibhav, CTS no 1574, Opp Sun City Building, Pen Khopoli Road, PIN Code 402107
Raigad, Pen, Maharashtra
Contact
+912143252186MICR Code Structure
402
City
525
Bank
051
Branch
City code 402 identifies the RBI clearing centre, bank code 525 identifies Thane Bharat Sahakari Bank, and branch code 051 identifies this specific branch.
Online Payment Methods Supported
Other Thane Bharat Sahakari Bank branches near Raigad
Other banks in Raigad, 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 (TBSB0000025) 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 402525051 is in the middle, and your account number is on the right.