Shivalik Small Finance Bank Dhar
Dhar · Dhar, Madhya Pradesh
454721001 is the MICR code for the Dhar branch of Shivalik Small Finance Bank, located in Dhar, Madhya Pradesh. 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 SMCB0001006.
Bank
Shivalik Small Finance Bank
Branch & Address
Dhar
3b 4, Ward No.8 by 22, Opp.dhareshwar Mandir, Mandi Samiti Road, Dhar 454001 Mp
Dhar, Dhar, Madhya Pradesh
Contact
+911331222413MICR Code Structure
454
City
721
Bank
001
Branch
City code 454 identifies the RBI clearing centre, bank code 721 identifies Shivalik Small Finance Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Shivalik Small Finance Bank branches near Dhar
Other banks in Dhar, Madhya Pradesh
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 (SMCB0001006) 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 454721001 is in the middle, and your account number is on the right.