Shree Mahavir Sahakari Bank Shree Mahavir Sahakari Bank IMPS
Shree Mahavir Sahakari Bank IMPS · Mumbai, Maharashtra
425823001 is the MICR code for the Shree Mahavir Sahakari Bank IMPS branch of Shree Mahavir 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 KKBK0SMSB01.
Bank
Shree Mahavir Sahakari Bank
Branch & Address
Shree Mahavir Sahakari Bank IMPS
Shree Mahavir Sahakari Bank LTD 92 Navi Peth nr Lic Building Jalgaon 425001
Mumbai, Jalgaon, Maharashtra
Contact
+912572232490MICR Code Structure
425
City
823
Bank
001
Branch
City code 425 identifies the RBI clearing centre, bank code 823 identifies Shree Mahavir Sahakari Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Shree Mahavir 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 (KKBK0SMSB01) 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 425823001 is in the middle, and your account number is on the right.