Latur Urban Co-operative Bank Latur Latur Urban Co-operative Bank Latur IMPS
Latur Urban Co-operative Bank Latur IMPS · Mumbai, Maharashtra
413804053 is the MICR code for the Latur Urban Co-operative Bank Latur IMPS branch of Latur Urban Co-operative Bank Latur, located in Mumbai, 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 IBKL0497LUC.
Bank
Latur Urban Co-operative Bank Latur
Branch & Address
Latur Urban Co-operative Bank Latur IMPS
Ramgopalji Rathi Business, Centre Shivaji Nagar, Latur
Mumbai, Latur, Maharashtra
Contact
+912382255002MICR Code Structure
413
City
804
Bank
053
Branch
City code 413 identifies the RBI clearing centre, bank code 804 identifies Latur Urban Co-operative Bank Latur, and branch code 053 identifies this specific branch.
Online Payment Methods Supported
Other Latur Urban Co-operative Bank Latur branches near Mumbai
Other banks in Mumbai, 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 (IBKL0497LUC) 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 413804053 is in the middle, and your account number is on the right.