Which bank does MICR code 431855302 belong to?

MICR code 431855302 belongs to Beed District Central Co-operative Bank, Beed District Central Co-operative Bank IMPS branch, located at Rajurives P.b no 12, Beed 431122 Maharashtra, Mumbai, Maharashtra. The corresponding IFSC code is UTIB0SBDCC1.

What is the IFSC code for MICR 431855302?

The IFSC code for Beed District Central Co-operative Bank Beed District Central Co-operative Bank IMPS branch (MICR: 431855302) is UTIB0SBDCC1. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (431) represent the city/clearing centre, the next 3 digits (855) identify the bank, and the last 3 digits (302) identify the specific branch. For 431855302, the city code is 431, bank code is 855, and branch code is 302.

Beed District Central Co-operative Bank Beed District Central Co-operative Bank IMPS

Beed District Central Co-operative Bank IMPS · Mumbai, Maharashtra

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431855302

431855302 is the MICR code for the Beed District Central Co-operative Bank IMPS branch of Beed District Central 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 UTIB0SBDCC1.

Bank

Beed District Central Co-operative Bank

Branch & Address

Beed District Central Co-operative Bank IMPS

Rajurives P.b no 12, Beed 431122 Maharashtra

Mumbai, Bhid, Maharashtra

Contact

+912442222335

Codes for this Branch

MICR (cheques)

431855302

IFSC (online transfers)

UTIB0SBDCC1

View

MICR Code Structure

431

City

855

Bank

302

Branch

City code 431 identifies the RBI clearing centre, bank code 855 identifies Beed District Central Co-operative Bank, and branch code 302 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Beed District Central Co-operative Bank branches near Mumbai

Agartala Co-operative Urban Bank IMPS Mumbai, Maharashtra UTIB0SACUB1 Akkamahadevi Mahila Sahakari Bank Niyamit IMPS Mumbai, Maharashtra UTIB0SAMMSB Alappuzha District Co-operative Bank IMPS Mumbai, Maharashtra UTIB0SADC83 Ambala Central Co-operative Bank IMPS Mumbai, Maharashtra UTIB0ACCB01 Amritsar Central Co-operative Bank IMPS Mumbai, Maharashtra UTIB0SASR01 Anand Mercantile Co-operative Bank IMPS Mumbai, Maharashtra UTIB0SAMC01

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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 (UTIB0SBDCC1) 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 431855302 is in the middle, and your account number is on the right.

View full branch details for IFSC UTIB0SBDCC1