Chopda Peoples Co-operative Bank Chopda Peoples Co-operative Bank IMPS
Chopda Peoples Co-operative Bank IMPS · Mumbai, Maharashtra
425815501 is the MICR code for the Chopda Peoples Co-operative Bank IMPS branch of Chopda Peoples Co-operative 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 UTIB0SCPCB1.
Bank
Chopda Peoples Co-operative Bank
Branch & Address
Chopda Peoples Co-operative Bank IMPS
Rath Galli Chopda 425107
Mumbai, Chopda, Maharashtra
Contact
+912586220280MICR Code Structure
425
City
815
Bank
501
Branch
City code 425 identifies the RBI clearing centre, bank code 815 identifies Chopda Peoples Co-operative Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Chopda Peoples Co-operative 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 (UTIB0SCPCB1) 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 425815501 is in the middle, and your account number is on the right.