Pimpalgaon Merchants Co-operative Bank Pimpalgaon Merchants Coop Bank Vadner Bhairav
Pimpalgaon Merchants Coop Bank Vadner Bhairav · Nasik, Maharashtra
422518502 is the MICR code for the Pimpalgaon Merchants Coop Bank Vadner Bhairav branch of Pimpalgaon Merchants Co-operative Bank, located in Nasik, 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 YESB0PIMC02.
Bank
Pimpalgaon Merchants Co-operative Bank
Branch & Address
Pimpalgaon Merchants Coop Bank Vadner Bhairav
Main Road, Neharu Chowk, Tal Chandwad, Nasik - 423111
Nasik, Vadner Bhatrav, Maharashtra
Contact
+912556275612MICR Code Structure
422
City
518
Bank
502
Branch
City code 422 identifies the RBI clearing centre, bank code 518 identifies Pimpalgaon Merchants Co-operative Bank, and branch code 502 identifies this specific branch.
Online Payment Methods Supported
Other Pimpalgaon Merchants Co-operative Bank branches near Nasik
Other banks in Nasik, 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 (YESB0PIMC02) 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 422518502 is in the middle, and your account number is on the right.