Siddheshwar Urban Co-operative Bank Maryadit Sillod Siddheshwar Urban Co-operative Bank Maryadit Sillod IMPS
Siddheshwar Urban Co-operative Bank Maryadit Sillod IMPS · Mumbai, Maharashtra
431899501 is the MICR code for the Siddheshwar Urban Co-operative Bank Maryadit Sillod IMPS branch of Siddheshwar Urban Co-operative Bank Maryadit Sillod, 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 ICIC00SIDUC.
Bank
Siddheshwar Urban Co-operative Bank Maryadit Sillod
Branch & Address
Siddheshwar Urban Co-operative Bank Maryadit Sillod IMPS
Palodkar Bld Main Market Sillod Dist Aurangabad PIN 431112
Mumbai, Sillod, Maharashtra
Contact
+919422701935MICR Code Structure
431
City
899
Bank
501
Branch
City code 431 identifies the RBI clearing centre, bank code 899 identifies Siddheshwar Urban Co-operative Bank Maryadit Sillod, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Siddheshwar Urban Co-operative Bank Maryadit Sillod 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 (ICIC00SIDUC) 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 431899501 is in the middle, and your account number is on the right.