RBL Bank Nigdi
Nigdi · Pune, Chandigarh
411176028 is the MICR code for the Nigdi branch of RBL Bank, located in Pune, Chandigarh. 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 RATN0000538.
Bank
RBL Bank
Branch & Address
Nigdi
Uttam Vila Plot 346 Sec 24 Ground Floor Nigdi Pune
Pune, Pune, Chandigarh
MICR Code Structure
411
City
176
Bank
028
Branch
City code 411 identifies the RBI clearing centre, bank code 176 identifies RBL Bank, and branch code 028 identifies this specific branch.
Online Payment Methods Supported
Other RBL Bank branches near Pune
Other banks in Pune, Chandigarh
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 (RATN0000538) 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 411176028 is in the middle, and your account number is on the right.