Which bank does MICR code 517853202 belong to?

MICR code 517853202 belongs to Madanapalle Co-operative Town Bank, Madanapalle Co-operative Town Bank IMPS branch, located at D.no.14-174, C.t.m. Road, Madanapalle 517325, Mumbai, Maharashtra. The corresponding IFSC code is HDFC0CMPLTB.

What is the IFSC code for MICR 517853202?

The IFSC code for Madanapalle Co-operative Town Bank Madanapalle Co-operative Town Bank IMPS branch (MICR: 517853202) is HDFC0CMPLTB. 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 (517) represent the city/clearing centre, the next 3 digits (853) identify the bank, and the last 3 digits (202) identify the specific branch. For 517853202, the city code is 517, bank code is 853, and branch code is 202.

Madanapalle Co-operative Town Bank Madanapalle Co-operative Town Bank IMPS

Madanapalle Co-operative Town Bank IMPS · Mumbai, Maharashtra

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517853202

517853202 is the MICR code for the Madanapalle Co-operative Town Bank IMPS branch of Madanapalle Co-operative Town 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 HDFC0CMPLTB.

Bank

Madanapalle Co-operative Town Bank

Branch & Address

Madanapalle Co-operative Town Bank IMPS

D.no.14-174, C.t.m. Road, Madanapalle 517325

Mumbai, Madanapalle, Maharashtra

Contact

+918571222012

Codes for this Branch

MICR (cheques)

517853202

IFSC (online transfers)

HDFC0CMPLTB

View

SWIFT / BIC

HDFCINBB

MICR Code Structure

517

City

853

Bank

202

Branch

City code 517 identifies the RBI clearing centre, bank code 853 identifies Madanapalle Co-operative Town Bank, and branch code 202 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Madanapalle Co-operative Town Bank branches near Mumbai

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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 (HDFC0CMPLTB) 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 517853202 is in the middle, and your account number is on the right.

View full branch details for IFSC HDFC0CMPLTB