HDFC Bank The Modern Co Op Bank LTD
The Modern Co Op Bank LTD · Jalgaon, Maharashtra
424865202 is the MICR code for the The Modern Co Op Bank LTD branch of HDFC Bank, located in Jalgaon, 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 HDFC0CMCBLC.
Bank
HDFC Bank
Branch & Address
The Modern Co Op Bank LTD
Samrat House Bhadgaon Road, Chalisgaon
Jalgaon, Chalisgaon, Maharashtra
Contact
+9125897222242Codes for this Branch
MICR (cheques)
424865202
IFSC (online transfers)
HDFC0CMCBLC
SWIFT / BIC
HDFCINBB
MICR Code Structure
424
City
865
Bank
202
Branch
City code 424 identifies the RBI clearing centre, bank code 865 identifies HDFC Bank, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Jalgaon
Other banks in Jalgaon, 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 (HDFC0CMCBLC) 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 424865202 is in the middle, and your account number is on the right.