Which bank does MICR code 503814023 belong to?

MICR code 503814023 belongs to Telangana State Co-operative Apex Bank, Nizamabad District Coop Central Bank Ltd, Vinayak Nagar branch, located at 23 133, Nizamabad, Nizamabad, Telangana. The corresponding IFSC code is TSAB0018058.

What is the IFSC code for MICR 503814023?

The IFSC code for Telangana State Co-operative Apex Bank Nizamabad District Coop Central Bank Ltd, Vinayak Nagar branch (MICR: 503814023) is TSAB0018058. 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 (503) represent the city/clearing centre, the next 3 digits (814) identify the bank, and the last 3 digits (023) identify the specific branch. For 503814023, the city code is 503, bank code is 814, and branch code is 023.

Telangana State Co-operative Apex Bank Nizamabad District Coop Central Bank Ltd, Vinayak Nagar

Nizamabad District Coop Central Bank Ltd, Vinayak Nagar · Nizamabad, Telangana

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503814023

503814023 is the MICR code for the Nizamabad District Coop Central Bank Ltd, Vinayak Nagar branch of Telangana State Co-operative Apex Bank, located in Nizamabad, Telangana. 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 TSAB0018058.

Bank

Telangana State Co-operative Apex Bank

Branch & Address

Nizamabad District Coop Central Bank Ltd, Vinayak Nagar

23 133, Nizamabad

Nizamabad, Nizamabad, Telangana

Contact

+918500607994

Codes for this Branch

MICR (cheques)

503814023

IFSC (online transfers)

TSAB0018058

View

MICR Code Structure

503

City

814

Bank

023

Branch

City code 503 identifies the RBI clearing centre, bank code 814 identifies Telangana State Co-operative Apex Bank, and branch code 023 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Telangana State Co-operative Apex Bank branches near Nizamabad

Nizamabad Dist Coop Central Bank LTD Bodhan Nizamabad, Telangana TSAB0018050 Nizamabad Dist Coop Central Bank LTD Marampally Nizamabad, Telangana TSAB0018043 Nizamabad Dist Coop Central Bank LTD Mendora Nizamabad, Telangana TSAB0018046 Nizamabad Dist Coop Central Bank LTD Vannel K Nizamabad, Telangana TSAB0018044 Nizamabad District Coop Central Bank Ltd, Armoor Nizamabad, Telangana TSAB0018056 Nizamabad District Coop Central Bank Ltd, Kanteshwar Nizamabad, Telangana TSAB0018057

Other banks in Nizamabad, Telangana

AU Small Finance Bank 3 branches Axis Bank 5 branches Bandhan Bank 1 branch Bank of Baroda 12 branches Bank of India 3 branches Bank of Maharashtra 1 branch Canara Bank 36 branches Central Bank of India 2 branches

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 (TSAB0018058) 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 503814023 is in the middle, and your account number is on the right.

View full branch details for IFSC TSAB0018058