Panihati Co-operative Bank Panihati Co-operative Bank IMPS
Panihati Co-operative Bank IMPS · Mumbai, Maharashtra
700028259 is the MICR code for the Panihati Co-operative Bank IMPS branch of Panihati 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 HDFC0CTPHCB.
Bank
Panihati Co-operative Bank
Branch & Address
Panihati Co-operative Bank IMPS
Raja Ram Chand Ghat Road Po Panihati Kolkata 700114
Mumbai, Kolkata, Maharashtra
Contact
+913325837085Codes for this Branch
MICR (cheques)
700028259
IFSC (online transfers)
HDFC0CTPHCB
SWIFT / BIC
HDFCINBB
MICR Code Structure
700
City
028
Bank
259
Branch
City code 700 identifies the RBI clearing centre, bank code 028 identifies Panihati Co-operative Bank, and branch code 259 identifies this specific branch.
Online Payment Methods Supported
Other Panihati 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 (HDFC0CTPHCB) 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 700028259 is in the middle, and your account number is on the right.