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It is very important to find MICR code 160001001 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 160001001 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.
160001001 is the MICR Code for Chandigarh branch of RBI. This can be used for online funds transfer via NEFT, RTGS amd IMPS to RBI account. The address of Chandigarh branch is Central vista, sector 17, chandigarh 160017, which is located in Chandigarh District of Chandigarh State.
In Reserve Bank Of India MICR Code, the first 4 characters (1600) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1001) represent the RBI Bank branch code.
Find more information on MICR Code 160001001 of RBI Chandigarh Branch MICR Code Chandigarh for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160001001 details before initiating any transaction!