Vyavsayak Sahakari Bank Vyavsayak Sahakari Bank IMPS
Vyavsayak Sahakari Bank IMPS · Mumbai, Maharashtra
492495002 is the MICR code for the Vyavsayak Sahakari Bank IMPS branch of Vyavsayak 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 YESB0VSBL02.
Bank
Vyavsayak Sahakari Bank
Branch & Address
Vyavsayak Sahakari Bank IMPS
115, Mahalaxmi Cloth Market Pandri Raipur-492004
Mumbai, Pandri Tarai, Maharashtra
Contact
+919926111022MICR Code Structure
492
City
495
Bank
002
Branch
City code 492 identifies the RBI clearing centre, bank code 495 identifies Vyavsayak Sahakari Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Vyavsayak 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 (YESB0VSBL02) 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 492495002 is in the middle, and your account number is on the right.