Adv. Shamraoji Shinde Satyashodhak Bank Adv. Shamraoji Shinde Satyashodhak Bank IMPS
Adv. Shamraoji Shinde Satyashodhak Bank IMPS · Mumbai, Maharashtra
416398252 is the MICR code for the Adv. Shamraoji Shinde Satyashodhak Bank IMPS branch of Adv. Shamraoji Shinde Satyashodhak 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 YESB0SATYA0.
Bank
Adv. Shamraoji Shinde Satyashodhak Bank
Branch & Address
Adv. Shamraoji Shinde Satyashodhak Bank IMPS
City Servey no 2292, C-chaudharywada Aptt, Bhausingi Road, Kolhapur - 416002
Mumbai, Kolhapur, Maharashtra
Contact
+912312642788MICR Code Structure
416
City
398
Bank
252
Branch
City code 416 identifies the RBI clearing centre, bank code 398 identifies Adv. Shamraoji Shinde Satyashodhak Bank, and branch code 252 identifies this specific branch.
Online Payment Methods Supported
Other Adv. Shamraoji Shinde Satyashodhak 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 (YESB0SATYA0) 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 416398252 is in the middle, and your account number is on the right.