Ahmednagar Merchants Co-operative Bank Shirur
Shirur · Pune, Maharashtra
411776501 is the MICR code for the Shirur branch of Ahmednagar Merchants Co-operative Bank, 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 AMDN0000115.
Bank
Ahmednagar Merchants Co-operative Bank
Branch & Address
Shirur
H.no.125, Adinath, Ram Ali, at Post Ghodnadi, Tal.shirur, Dist.pune 412210
Pune, Shirur, Maharashtra
Contact
+912138223939MICR Code Structure
411
City
776
Bank
501
Branch
City code 411 identifies the RBI clearing centre, bank code 776 identifies Ahmednagar Merchants Co-operative Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Ahmednagar Merchants Co-operative Bank 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 (AMDN0000115) 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 411776501 is in the middle, and your account number is on the right.