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It is very important to find MICR code 416863501 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 416863501 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
416863501 is the MICR Code for Yadrav Cooperative Bank Ltd branch of Ratnakar Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Ratnakar Bank account. The address of Yadrav Cooperative Bank Ltd branch is C s no1170-a, 9th lane shubhash road, jaysingpur, tal-shirol, dist-kolhapur-416101, which is located in Kolhapur District of Maharashtra State.
In Ratnakar Bank MICR Code, the first 4 characters (4168) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (3501) represent the Ratnakar Bank branch code.
Find more information on MICR Code 416863501 of Ratnakar Bank Yadrav Cooperative Bank Ltd Branch MICR Code Shiroli for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 416863501 details before initiating any transaction!