Contai Co-operative Bank Contai Co-operative Bank IMPS
Contai Co-operative Bank IMPS · Mumbai, Maharashtra
721862402 is the MICR code for the Contai Co-operative Bank IMPS branch of Contai 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 ICIC00CCBLT.
Bank
Contai Co-operative Bank
Branch & Address
Contai Co-operative Bank IMPS
Po Ps Contai Dist Purba Medinipur PIN 721401
Mumbai, Contai, Maharashtra
Contact
+913220255180MICR Code Structure
721
City
862
Bank
402
Branch
City code 721 identifies the RBI clearing centre, bank code 862 identifies Contai Co-operative Bank, and branch code 402 identifies this specific branch.
Online Payment Methods Supported
Other Contai 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 (ICIC00CCBLT) 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 721862402 is in the middle, and your account number is on the right.