Ichalkaranji Merchants Co-operative Bank Ichalkaranji Merchants Co-operative Bank IMPS
Ichalkaranji Merchants Co-operative Bank IMPS · Mumbai, Maharashtra
416837201 is the MICR code for the Ichalkaranji Merchants Co-operative Bank IMPS branch of Ichalkaranji Merchants Co-operative Bank, 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 HDFC0CIMB01.
Bank
Ichalkaranji Merchants Co-operative Bank
Branch & Address
Ichalkaranji Merchants Co-operative Bank IMPS
Janata Chowk Ichalkaranji
Mumbai, Ichalkarnji, Maharashtra
Contact
+919423040901Codes for this Branch
MICR (cheques)
416837201
IFSC (online transfers)
HDFC0CIMB01
SWIFT / BIC
HDFCINBB
MICR Code Structure
416
City
837
Bank
201
Branch
City code 416 identifies the RBI clearing centre, bank code 837 identifies Ichalkaranji Merchants Co-operative Bank, and branch code 201 identifies this specific branch.
Online Payment Methods Supported
Other Ichalkaranji Merchants Co-operative Bank 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 (HDFC0CIMB01) 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 416837201 is in the middle, and your account number is on the right.