SVC Co-operative Bank Bharati Sahakari Bk-malkapur
Bharati Sahakari Bk-malkapur · Satara, Maharashtra
415355352 is the MICR code for the Bharati Sahakari Bk-malkapur branch of SVC Co-operative Bank, located in Satara, 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 SVCB0010014.
Bank
SVC Co-operative Bank
Branch & Address
Bharati Sahakari Bk-malkapur
240 A, Jaihind Pride, Near Suyash Mangal Karyalaya, Shastrinagar, Malkapur, Karad, Tal. Karad, Dist. Sarata, PIN - 415 539.
Satara, Karad, Maharashtra
Contact
+912164228885MICR Code Structure
415
City
355
Bank
352
Branch
City code 415 identifies the RBI clearing centre, bank code 355 identifies SVC Co-operative Bank, and branch code 352 identifies this specific branch.
Online Payment Methods Supported
Other SVC Co-operative Bank branches near Satara
Other banks in Satara, 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 (SVCB0010014) 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 415355352 is in the middle, and your account number is on the right.