Saraswat Co-operative Bank Ambad
Ambad · Nashik, Maharashtra
422088004 is the MICR code for the Ambad branch of Saraswat Co-operative Bank, located in Nashik, 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 SRCB0000493.
Bank
Saraswat Co-operative Bank
Branch & Address
Ambad
Shop No.2 (part), 3 and 4, Ground Floor and Mezzanine, Satya Arcade, Plot No.30, Gut Number 15/2a, Satpur Ambad Link Road, Nashik-422010
Nashik, Nashik, Maharashtra
Contact
+918657035094MICR Code Structure
422
City
088
Bank
004
Branch
City code 422 identifies the RBI clearing centre, bank code 088 identifies Saraswat Co-operative Bank, and branch code 004 identifies this specific branch.
Online Payment Methods Supported
Other Saraswat Co-operative Bank branches near Nashik
Other banks in Nashik, 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 (SRCB0000493) 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 422088004 is in the middle, and your account number is on the right.