Mehsana Urban Co Operative Bank IFSC Code and MICR Code

Mehsana Urban Co Operative Bank IFSC Code, MICR Code and SWIFT Code

Mehsana Urban Co-operative Bank is one of the leading cooperative banks in India. The bank was established on 23rd October 1983. This multistate cooperative bank offers various advanced banking services, and the Mehsana Urban Co-operative Bank IFSC code plays a crucial role. 

Mehsana Urban Co-operative Bank operates in the states of Gujarat and Maharashtra, catering to the customers' various financial needs. Some of the crucial banking services offered by the MUC bank are- savings, current, and salary accounts. The bank has its headquarters in Mehsana, Gujarat. 

Digital fund transfer facilities like NEFT, RTGS, IMPS, UPI, etc. Fixed deposits, recurring deposits, vehicle loans, personal loans, property loans, educational loans, and more. 

The IFSC and MICR code plays an important role in making bank services seamless for its customers. Banks use the IFSC code for making online fund transfers easy for their customers and the MICR code for clearing paper-based documents. 

We'll discuss in detail about the Mehsana Urban Co-operative Bank IFSC code, MICR code, and a lot more here in this article. Hence, continue reading to learn everything. 

Mehsana Urban Co-operative Bank (MUCB) IFSC Code 

The IFSC code is an eleven-character unique alphanumeric code introduced by the Reserve Bank of India. The main purpose of introducing the IFSC code was to make online fund transfers seamless for people. 

The code is different for all bank branches; therefore, identifying them becomes a minute's work. All banks registered under the RBI have their unique IFSC codes, which are different for every branch. There is a particular structure to the code that locates bank branches easily, irrespective of where they are located. 

What is the structure of the IFSC code? Well, it's simple. There are eleven characters in the code. The first four characters represent the bank name, the mid character is zero, which is reserved for future usage and the last six characters represent the branch name and location. 

Now let's see an example of the Mehsana Urban Co-operative Bank IFSC code, and its structure adheres to the RBI format. The Mehsana Urban Co-operative Bank Bazar branch IFSC Code is MSNU0000004. 

As per the format, the first four characters- MSNU, represent the bank name, Mehsana Urban Co-operative Bank. The mid-character is zero. The last six characters, 000004, represent the branch Bazar. 

You will need the IFSC code when you make an NEFT, RTGS, or IMPS transaction. The code is mandatory, without which your transaction won't be complete. Therefore, before opting for a digital fund transfer, make sure to gather the IFSC code of your branch and the recipient's branch. 

IFSC code and digital fund transfers have made sending money hassle-free. Now we don't have to rush to our bank whenever we need to send money. The Mehsana Urban Co-operative Bank has the facility of all digital fund transfers, which is benefitting the customers. 

Mehsana Urban Co-operative Bank (MUCB) MICR Code

When it comes to transferring money, the MICR code also plays a crucial role. But against the IFSC code, which is for making online fund transfers, MICR is for cheque clearance. MICR or Magnetic Ink Character Recognition Code is a unique nine-digit code that is different for every bank branch. 

The MICR code helps identify bank branches that participate in the Electronic Clearing Service. The MICR code also has a structure, and we can divide it into parts of three. The first three numbers represent the city code or pin code. The following three characters represent the bank name, and the last three characters represent the branch location. 

The MICR code of The Mehsana Urban Co-operative Bank Bazar branch is 384313003. Let's break this down- 

• The first three numbers, 384, represent the city or pin code of Bazar. 
• The mid-three numbers, 313, represent the Mehsana Urban Co-operative Bank. 
• The final three numbers, 003, represent the Bazar Branch. 

The MICR code is mainly useful for people who are yet to get familiar with the online fund transfer modes and still paper the cheque system. The MICR code is printed using a unique magnetic ink, which prevents fraudulent transactions. 

How to Find the IFSC & MICR Code of Mehsana Urban Co-operative Bank? 

Now that you are familiar with IFSC and MICR codes and their importance, you must be wondering where to find these codes. Well, there are different sources from where you can get the IFSC and MICR code. 

Find Your Bank is one among them, and it is the easiest and most reliable platform to get the codes. To get the IFSC and MICR code from the Find Your Bank platform, you can follow these steps- 

• Visit the https://findyourbank.in/ website
• Next, Select the Bank Name 
• State Name
• District Name
• Branch Name
• Once you Select the respective tabs, the IFSC and MICR codes will appear on the screen. 

You can also download Find Your Bank mobile application from the Play Store. Apart from Find Your Bank, there are other sources that also offer the IFSC and MICR codes for all bank customers. Let's have a look at these as well- 

Bank Passbook and Cheque Book 

Every bank customer gets their passbook and cheque book, where they can easily find the IFSC and MICR code. The IFSC code is usually printed in the middle of the page, and the MICR code is at the bottom. 

Reserve Bank Of India Website 

The Reserve Bank of India website is yet another reliable source to see the IFSC and MICR codes. All you need to do is, visit the RBI website, scroll down, and there you will find the IFSC and MICR code tab. When you click there, the website will redirect you to another page, and there you can search for the codes. 

Mehsana Urban Bank's Net Banking Platforms 

The net banking platforms of Mehsana Urban Co-operative Bank, like its website and mobile, is another way to find the IFSC and MICR code. The bank will list down the IFSC codes of all their branches so you can find them there easily. 

Contact Bank's Customer Care 

If you face any difficulty in getting the codes through the above means or you are not able to access the above means, you can contact the Mehsana Urban Bank's customer care team. They will help you get the IFSC codes of any branch. 

How to Transfer Money through NEFT, RTGS, and IMPS? 

The Mehsana Urban Co-operative Bank participates in all the digital fund transfer modes like NET, RTGS, and IMPS. This has made sending money easier for customers. All bank customers should take advantage of the digital fund transfer methods since it saves you a lot of trouble and time. 

To use NEFT, RTGS, and IMPS, all you need is beneficiary details, a stable internet connection, and a smart device. We will talk more about all the three transfer modes and the limitations and charges of Mehsana Urban Co-operative Bank NEFT, RTGS, and IMPS in the following paragraphs. 

NEFT 

National Electronic Fund Transfer is a DNS-based system. In this method, money is sent in batches, and there are no upper and lower limits for sending money via NEFT. To send money via NEFT, you need the following beneficiary details- 

• Receiver's Name
• Receiver's Account Number
• IFSC Code
• Beneficiary Bank Name
• Branch Name 
• The amount you are going to transfer 

NEFT Charges 

Amount	Charges
Up to Rs. 10,000	Rs. 2.50 Per Transaction + Taxes
Rs. 10,000 to 1,00,000	Rs. 5 Per Transaction + Taxes
Rs. 1,00,000 to 2,00,000	Rs. 15 Per Transaction + Taxes
Rs. 2,00,000 to 5,00,000	Rs. 25 Per Transaction + Taxes
Above Rs. 2,00,000	Rs. 25 per Transaction + Taxes

 

Mehsana Co-Operative Bank NEFT services are available on all days except 2nd and 4th Saturdays and Sundays. The NEFT timing of this bank is between 8.00 am to 6.30 pm. 

RTGS 

Real-Time Gross Settlement is a digital fund transfer mode that we use to make high-value fund transfers. The minimum limit for making an RTGS transaction is Rs. 2 lakhs, and you cannot make a transaction below that. 

The information required for making an RTGS transaction is- 

• Receiver's Name
• Receiver's Account Number
• IFSC Code
• Beneficiary Bank Name
• Branch Name 
• The amount you are going to transfer 

RTGS Charges 

Amount	Charges
Rs. 2,00,000 to 5,00,000	Rs. 25 Per Transaction + Taxes
Above Rs. 5,00,000	Rs. 51 Per Transaction + Taxes

 

RTGS services are available on all days except Sundays and national holidays. 

IMPS 

Immediate Payment Service or IMPS fund transfer is used to make emergency transactions. IMPS services are available 24*7, and here is the information you need for making an IMPS fund transfer 

• Beneficiary's Name 
• MMID Code (for transfer from person-person)
• The IFSC Code of the Receiver's Branch (for transfer from a person to an account)
• Receiver's Mobile Number
• Receiver's Account Number 

IMPS Charges

Amount	Charges
Rs. 1,00,000	Rs. 5 Per Transaction + Taxes
Rs. 2,00,000 to 5,00,000	Rs. 15 Per Transaction + Taxes

 

About Mehsana Urban Co-operative Bank 

The Mehsana Urban Co-operative Bank was established on 23rd October 1983. The bank initially started with just one branch at Mehsana and shared a capital of Rs. 15 lakhs. Currently, the bank has a share capital of 87.07 crores as per the 2014 report. 

There are currently 49 branches of Mehsana Bank, and they are spread all across the states of Gujarat and Maharashtra. In the year 2000, the Reserve Bank of India had declared Mehsana Bank as a scheduled bank, and the bank is registered under the Co-operative Societies Act 1961. 

The bank offers different government service schemes like PPF, Atal Pension Yojana, Sukanya Samriddhi Account, Time Deposit Account, Kisan Vikas Patra (KVP), and National Savings Certificates (NSC). Apart from this, other facilities like savings accounts, recurring accounts, education loans, business loans, and a lot more are offered by the Mehsana Urban Co-operative Bank. 

Frequently Asked Questions

1) How Can I Check My Mehsana Urban Co-operative Bank Balance? 

You can check your Mehsana Urban Co-operative Bank Balance by giving a missed call at 09266692668. 

2) How do I Check my Mini Statement in Mehsana Urban Co-operative Bank?

You can check your Mini Statement In Mehsana Urban Co-operative Bank by sending an SMS at 09266692668. 

3) Where do I Find my Mehsana Urban Co-Operative Bank Customer Number?

To find the Mehsana Urban Co-operative Bank customer number, you first have to download the bank's mobile app, then go to menu> settings> personal details> customer number.