Bhagini Nivedita Sahakari Bank Pune Narayan Peth
Narayan Peth · Pune, Maharashtra
411272002 is the MICR code for the Narayan Peth branch of Bhagini Nivedita Sahakari Bank Pune, located in Pune, 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 BNSB0000002.
Bank
Bhagini Nivedita Sahakari Bank Pune
Branch & Address
Narayan Peth
Sancheti Chambers, Opp.vijay Talkies, Laxmi Road, Pune 411030
Pune, Pune, Maharashtra
Contact
+912024458632MICR Code Structure
411
City
272
Bank
002
Branch
City code 411 identifies the RBI clearing centre, bank code 272 identifies Bhagini Nivedita Sahakari Bank Pune, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Bhagini Nivedita Sahakari Bank Pune branches near Pune
Other banks in Pune, 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 (BNSB0000002) 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 411272002 is in the middle, and your account number is on the right.