Mangalore Co-operative Town Bank Mangalore Co-operative Town Bank IMPS
Mangalore Co-operative Town Bank IMPS · Mumbai, Maharashtra
575295002 is the MICR code for the Mangalore Co-operative Town Bank IMPS branch of Mangalore 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 IBKL0078MCT.
Bank
Mangalore Co-operative Town Bank
Branch & Address
Mangalore Co-operative Town Bank IMPS
Head Office Car Street, Mangalore 575001
Mumbai, Mangalore, Maharashtra
Contact
+918242429330MICR Code Structure
575
City
295
Bank
002
Branch
City code 575 identifies the RBI clearing centre, bank code 295 identifies Mangalore Co-operative Town Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Mangalore Co-operative Town 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 (IBKL0078MCT) 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 575295002 is in the middle, and your account number is on the right.