Rajarambapu Sahakari Bank Koregaon
Koregaon · Sangli, Maharashtra
415584501 is the MICR code for the Koregaon branch of Rajarambapu Sahakari Bank, located in Sangli, 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 RRBP0000019.
Bank
Rajarambapu Sahakari Bank
Branch & Address
Koregaon
A/p.koregaon Near Hanuman Society Koregaon Tal Walwa Dist Sangli 416302
Sangli, Koregaon, Maharashtra
Contact
+912342246143MICR Code Structure
415
City
584
Bank
501
Branch
City code 415 identifies the RBI clearing centre, bank code 584 identifies Rajarambapu Sahakari Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Rajarambapu Sahakari Bank branches near Sangli
Other banks in Sangli, 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 (RRBP0000019) 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 415584501 is in the middle, and your account number is on the right.