Mahanagar Co-operative Bank Phursungi
Phursungi · Pune, Maharashtra
412096003 is the MICR code for the Phursungi branch of Mahanagar 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 MCBL0960082.
Bank
Mahanagar Co-operative Bank
Branch & Address
Phursungi
Shop no 2 and 3 Shewale Heights Survey no 173 Pune Saswad Road Opp Pmpl Depot Bhekarainagar Phursungi Pune 412308
Pune, Pune, Maharashtra
Contact
+917039764879MICR Code Structure
412
City
096
Bank
003
Branch
City code 412 identifies the RBI clearing centre, bank code 096 identifies Mahanagar Co-operative Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Mahanagar 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 (MCBL0960082) 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 412096003 is in the middle, and your account number is on the right.