Nandani Sahakari Bank Nandani Sahakari Bank IMPS
Nandani Sahakari Bank IMPS · Mumbai, Maharashtra
416886501 is the MICR code for the Nandani Sahakari Bank IMPS branch of Nandani Sahakari 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 HDFC0CNSBLN.
Bank
Nandani Sahakari Bank
Branch & Address
Nandani Sahakari Bank IMPS
A by P Nandani Tal.shirol Dist Kolhpaur
Mumbai, Kolhapur, Maharashtra
Contact
+912322235175Codes for this Branch
MICR (cheques)
416886501
IFSC (online transfers)
HDFC0CNSBLN
SWIFT / BIC
HDFCINBB
MICR Code Structure
416
City
886
Bank
501
Branch
City code 416 identifies the RBI clearing centre, bank code 886 identifies Nandani Sahakari Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Nandani Sahakari 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 (HDFC0CNSBLN) 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 416886501 is in the middle, and your account number is on the right.