Solapur Janata Sahakari Bank Solapur Janata Sahakari Bank LTD
Solapur Janata Sahakari Bank LTD · Solapur, Maharashtra
413587016 is the MICR code for the Solapur Janata Sahakari Bank LTD branch of Solapur Janata Sahakari Bank, located in Solapur, 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 SJSB0000040.
Bank
Solapur Janata Sahakari Bank
Branch & Address
Solapur Janata Sahakari Bank LTD
Survey No. 230/a/18/1, Sub Plot No.43, Jyoti Nagar, Majerewadi, Dist. Solapur - 413 006
Solapur, Solapur, Maharashtra
MICR Code Structure
413
City
587
Bank
016
Branch
City code 413 identifies the RBI clearing centre, bank code 587 identifies Solapur Janata Sahakari Bank, and branch code 016 identifies this specific branch.
Online Payment Methods Supported
Other Solapur Janata Sahakari Bank branches near Solapur
Other banks in Solapur, 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 (SJSB0000040) 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 413587016 is in the middle, and your account number is on the right.