Satara Sahakari Bank Pune
Pune · Pune, Maharashtra
400107018 is the MICR code for the Pune branch of Satara Sahakari Bank, located in Pune, 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 TSSB0000018.
Bank
Satara Sahakari Bank
Branch & Address
Pune
Shop no F-1 or F-2, Ground Floor, Sector 20, Flat no Lc-1, Sane Chowk, Chinchwad Road, Pune
Pune, Pune, Maharashtra
Contact
+918983802000MICR Code Structure
400
City
107
Bank
018
Branch
City code 400 identifies the RBI clearing centre, bank code 107 identifies Satara Sahakari Bank, and branch code 018 identifies this specific branch.
Online Payment Methods Supported
Other Satara Sahakari Bank branches near Pune
Other banks in Pune, 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 (TSSB0000018) 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 400107018 is in the middle, and your account number is on the right.