SVC Co-operative Bank Wadala West
Wadala West · Greater Bombay, Maharashtra
400089046 is the MICR code for the Wadala West branch of SVC Co-operative Bank, located in Greater Bombay, 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 SVCB0000046.
Bank
SVC Co-operative Bank
Branch & Address
Wadala West
Vijay Niwas, Plot no 193 Station Road, Wadala West Mumbai 400031
Greater Bombay, Mumbai, Maharashtra
Contact
+912224160412MICR Code Structure
400
City
089
Bank
046
Branch
City code 400 identifies the RBI clearing centre, bank code 089 identifies SVC Co-operative Bank, and branch code 046 identifies this specific branch.
Online Payment Methods Supported
Other SVC Co-operative Bank branches near Greater Bombay
Other banks in Greater Bombay, Maharashtra
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 (SVCB0000046) 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 400089046 is in the middle, and your account number is on the right.