Vidya Sahakari Bank Vidya Sahakari Bank IMPS
Vidya Sahakari Bank IMPS · Mumbai, Maharashtra
411171002 is the MICR code for the Vidya Sahakari Bank IMPS branch of Vidya Sahakari 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 SVCB0003002.
Bank
Vidya Sahakari Bank
Branch & Address
Vidya Sahakari Bank IMPS
561, Sadashiv Peth, Saraswati Ganesh Building, Laxmi Road, Pune - 411 030
Mumbai, Pune, Maharashtra
Contact
+912024454936MICR Code Structure
411
City
171
Bank
002
Branch
City code 411 identifies the RBI clearing centre, bank code 171 identifies Vidya Sahakari Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Vidya Sahakari Bank branches near Mumbai
Other banks in Mumbai, 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 (SVCB0003002) 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 411171002 is in the middle, and your account number is on the right.