Mahanagar Co-operative Bank MICR Codes in Maharashtra — All Cities

Mahanagar Co-operative Bank MICR Codes in Maharashtra — Complete City Directory

Mahanagar Co-operative Bank operates 74 branches across 14 cities in Maharashtra, all registered on the Reserve Bank of India's Cheque Truncation System (CTS) grid. Every branch has a unique 9-digit MICR code — a mandatory identifier for cheque clearing, ECS mandates, SIP registrations, and NACH auto-debits. BankZop's Mahanagar Co-operative Bank Maharashtra MICR directory is sourced directly from official RBI CTS data and updated regularly, making it the most reliable source for accurate branch MICR codes in Maharashtra.

Whether you are setting up a mutual fund SIP, registering an ECS mandate for insurance, or submitting a NACH form for loan EMI collection, you need the exact MICR code of the Mahanagar Co-operative Bank branch in Maharashtra where your account is held. Use the city list above to navigate directly to your branch.

How to Find Your Mahanagar Co-operative Bank MICR Code in Maharashtra

Finding the right MICR code takes under 30 seconds on BankZop. Here is the exact process:

• Step 1 — Select City: You are already on the Maharashtra page. Choose your city from the list above. Type in the search box to filter instantly if the list is long.
• Step 2 — Select Branch: The city page lists all Mahanagar Co-operative Bank branches in that city. Click your specific branch — the one where your savings or current account is held.
• Step 3 — Copy MICR Code: The branch result page shows the full 9-digit MICR code with a one-click Copy button. It also shows the IFSC code, BSR code, address, and phone number for the same branch.

If you already have your Mahanagar Co-operative Bank cheque book, the MICR code is printed at the bottom of every cheque leaf in magnetic ink — the 9-digit number between the cheque serial number and your account number. You can verify it matches our database by searching BankZop for your branch.

Why Each Mahanagar Co-operative Bank Branch in Maharashtra Has a Different MICR Code

Every Mahanagar Co-operative Bank branch in Maharashtra has a unique 9-digit MICR code structured as follows:

• Digits 1–3 (City Code): Identifies the CTS clearing zone within Maharashtra. Each major city in Maharashtra has a distinct 3-digit city code assigned by the RBI. All Mahanagar Co-operative Bank branches in the same city share this prefix.
• Digits 4–6 (Bank Code): Identifies Mahanagar Co-operative Bank within that city's clearing zone. This is the same for all Mahanagar Co-operative Bank branches in the same city.
• Digits 7–9 (Branch Code): This is what makes each MICR code unique. The final 3 digits identify the specific Mahanagar Co-operative Bank branch. No two branches in Maharashtra share the same complete 9-digit code.

This hierarchical structure enables the RBI's CTS clearing system to automatically route any Mahanagar Co-operative Bank cheque in Maharashtra to the correct clearing house, bank, and branch — without any manual intervention.

When You Need the Mahanagar Co-operative Bank Maharashtra MICR Code

SIP and Mutual Fund Registrations

If you hold a Mahanagar Co-operative Bank savings account in Maharashtra and want to set up a Systematic Investment Plan (SIP), the NACH mandate form will ask for your branch's MICR code. This is how the fund house identifies your Mahanagar Co-operative Bank Maharashtra branch to debit your SIP amount each month through the NPCI's NACH platform. Entering the wrong MICR code will result in a rejected mandate and delayed SIP setup.

ECS Mandates for Utilities and Insurance

ECS (Electronic Clearing Service) auto-debits for electricity bills, broadband payments, gas connections, and insurance premium renewals all require your Mahanagar Co-operative Bank branch MICR code in Maharashtra. The ECS mandate form specifically asks for a 9-digit MICR code — not the IFSC code. The clearing system uses this to identify your branch and process the auto-debit on the due date.

Loan EMI Collection Mandates

Banks and NBFCs operating in Maharashtra collect loan EMIs via NACH mandates. When you sign a NACH form for a home loan, personal loan, car loan, or two-wheeler loan, the lender's bank uses your Mahanagar Co-operative Bank branch MICR code to set up the recurring debit. An incorrect MICR code causes the mandate to fail, resulting in a missed EMI and possible late payment penalties.

Post-Dated Cheques and Cheque Clearing

All cheques issued by Mahanagar Co-operative Bank branches in Maharashtra carry the branch's MICR code at the bottom. When these cheques are deposited by the payee, the CTS system in Maharashtra reads the MICR code to route the clearing request electronically. The entire process — from deposit to settlement — happens within one business day, thanks to the MICR-based CTS infrastructure.

Cities in Maharashtra with Mahanagar Co-operative Bank Branches

Mahanagar Co-operative Bank has a presence in 14 cities across Maharashtra with MICR-enabled branches:

Branch counts reflect MICR-enabled branches on the RBI CTS grid as of Jun 2026. Data sourced from RBI CTS records.

To browse Mahanagar Co-operative Bank branches in other states, visit the Mahanagar Co-operative Bank MICR directory. For all bank MICR codes, use the MICR Code Lookup homepage. For loan planning, try the free EMI Calculator.