HDFC Bank The Commercial Co Op Bank LTD
The Commercial Co Op Bank LTD · Kolhapur, Maharashtra
416408006 is the MICR code for the The Commercial Co Op Bank LTD branch of HDFC Bank, located in Kolhapur, 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 HDFC0CTCCB1.
Bank
HDFC Bank
Branch & Address
The Commercial Co Op Bank LTD
2231 a Ward Tarabai Road Kolhapur 416012
Kolhapur, Kolhapur, Maharashtra
Contact
+912312656561Codes for this Branch
MICR (cheques)
416408006
IFSC (online transfers)
HDFC0CTCCB1
SWIFT / BIC
HDFCINBB
MICR Code Structure
416
City
408
Bank
006
Branch
City code 416 identifies the RBI clearing centre, bank code 408 identifies HDFC Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Kolhapur
Other banks in Kolhapur, 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 (HDFC0CTCCB1) 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 416408006 is in the middle, and your account number is on the right.