Mehsana Urban Co-operative Bank was established in 1983. It was given the status of a scheduled bank in the year 2000. It is Gujarat’s leading scheduled co-operative bank and has enabled core banking solutions across all branches. At present, this bank has 53 branches in the state of Gujarat and Maharashtra.
What is BIC ?
The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.
What is RTN ?
Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.
What is Bank BSR Code
Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).
What is MICR Code?
The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125
- First 3 digits represent the city (500447125)
- Next 3 digits represent the bank (500447125)
- Last 3 digits represent the branch (500447125)
The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.