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Anand Mercantile Co-operative Bank IFSC Code UTIB0SAMC01

HomeIFSC CodesAnand Mercantile Co-operative BankUTIB0SAMC01

IFSC Code: UTIB0SAMC01

MICR Code: 388804001

SWIFT Code:

Branch: Anand Mercantile Co-operative Bank IMPS

Bank: Anand Mercantile Co-operative Bank

Address: BORSAD CHOWKADI, ANAND

District: ANAND

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): UTIB0SAMC01

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

  • The first four characters represent the bank name.
  • The fifth character is always ‘0’ and is reserved for future use.
  • Branch Code SAMC01. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 388804001

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.

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