Shahada Peoples Co-operative Bank Shahada Peoples Coop Bank Shindikheda
Shahada Peoples Coop Bank Shindikheda · Dhule, Maharashtra
425867502 is the MICR code for the Shahada Peoples Coop Bank Shindikheda branch of Shahada Peoples Co-operative Bank, located in Dhule, 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 YESB0SPCB09.
Bank
Shahada Peoples Co-operative Bank
Branch & Address
Shahada Peoples Coop Bank Shindikheda
Near Bustop Shindkheda PIN Code-425406
Dhule, Sindkheda, Maharashtra
Contact
+912566222111MICR Code Structure
425
City
867
Bank
502
Branch
City code 425 identifies the RBI clearing centre, bank code 867 identifies Shahada Peoples Co-operative Bank, and branch code 502 identifies this specific branch.
Online Payment Methods Supported
Other Shahada Peoples Co-operative Bank branches near Dhule
Other banks in Dhule, 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 (YESB0SPCB09) 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 425867502 is in the middle, and your account number is on the right.