What is the IFSC code for MICR XNSE00001?

The IFSC code for NSE Clearing Limited Mumbai branch (MICR: XNSE00001) is XNSE0000001. 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 (XNS) represent the city/clearing centre, the next 3 digits (E00) identify the bank, and the last 3 digits (001) identify the specific branch. For XNSE00001, the city code is XNS, bank code is E00, and branch code is 001.

NSE Clearing Limited Mumbai

Q: Which bank does MICR code XNSE00001 belong to?

MICR code XNSE00001 belongs to NSE Clearing Limited, Mumbai branch, located at Exchange Plaza, Plot no C/1, G Block, Bandra-kurla Complex, Bandra (e), Mumbai 400051, Mumbai, Maharashtra. The corresponding IFSC code is XNSE0000001.

Mumbai · Mumbai, Maharashtra

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XNSE00001

XNSE00001 is the MICR code for the Mumbai branch of NSE Clearing Limited, 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 XNSE0000001.

Bank

NSE Clearing Limited

Branch & Address

Mumbai

Exchange Plaza, Plot no C/1, G Block, Bandra-kurla Complex, Bandra (e), Mumbai 400051

Mumbai, Mumbai, Maharashtra

Codes for this Branch

MICR (cheques)

XNSE00001

IFSC (online transfers)

XNSE0000001

View

MICR Code Structure

XNS

City

E00

Bank

001

Branch

City code XNS identifies the RBI clearing centre, bank code E00 identifies NSE Clearing Limited, and branch code 001 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

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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 (XNSE0000001) 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 XNSE00001 is in the middle, and your account number is on the right.

View full branch details for IFSC XNSE0000001