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Sevalia Urban Co-operative Bank Sevalia Urban Co-operative Bank IMPS

Sevalia Urban Co-operative Bank IMPS · Mumbai, Maharashtra

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388812501

388812501 is the MICR code for the Sevalia Urban Co-operative Bank IMPS branch of Sevalia Urban Co-operative Bank, located in Mumbai, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code ICIC00SEVUC.

Bank

Sevalia Urban Co-operative Bank

Branch & Address

Sevalia Urban Co-operative Bank IMPS

Plot No. 12, Sardar Patel Road, Sevalia Bazar, Thasara, Kheda 388245

Mumbai, Sevalia R.s., Maharashtra

Contact

+912699233265

Codes for this Branch

MICR (cheques)

388812501

IFSC (online transfers)

ICIC00SEVUC

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MICR Code Structure

388

City

812

Bank

501

Branch

City code 388 identifies the RBI clearing centre, bank code 812 identifies Sevalia Urban Co-operative Bank, and branch code 501 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Sevalia Urban Co-operative Bank branches near Mumbai

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (ICIC00SEVUC) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 388812501 is in the middle, and your account number is on the right.

View full branch details for IFSC ICIC00SEVUC