Kotak Mahindra Bank The Niphad Urban Co Op Bank LTD Niphad
The Niphad Urban Co Op Bank LTD Niphad · Nashik, Maharashtra
422893501 is the MICR code for the The Niphad Urban Co Op Bank LTD Niphad branch of Kotak Mahindra 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 KKBK0NUCB01.
Bank
Kotak Mahindra Bank
Branch & Address
The Niphad Urban Co Op Bank LTD Niphad
The Niphad Urban Co Op Bank LTD D Line, Shanti Nagar, Near State Bank of India, Niphad 422303, Dist - Nashik (maharashtra)
Nashik, Niphad, Maharashtra
Contact
+919850202534MICR Code Structure
422
City
893
Bank
501
Branch
City code 422 identifies the RBI clearing centre, bank code 893 identifies Kotak Mahindra Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Kotak Mahindra 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 (KKBK0NUCB01) 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 422893501 is in the middle, and your account number is on the right.