Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 422369509 belongs to Nasik Merchants Co-operative Bank, Niphad branch in Nasik, Maharashtra. The matching IFSC code is NMCB0000052.
How to read MICR 422369509
422: the city code. It usually follows the first digits of the area's PIN code; here it is Nasik.
369: the bank code, the same for every branch of Nasik Merchants Co-operative Bank in cheque clearing.
509: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (NMCB0000052 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 422369509 belong to?
Nasik Merchants Co-operative Bank, Niphad branch (Nasik, Maharashtra).
What is the IFSC code for MICR 422369509?
NMCB0000052.
What do the digits of 422369509 mean?
422 is the city code, 369 the bank code and 509 the branch code.
