Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank IMPS
Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank IMPS · Mumbai, Maharashtra
508861702 is the MICR code for the Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank IMPS branch of Yadagiri Lakshmi Narsimha Swamy Co-operative Urban 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 YESB0YLNS01.
Bank
Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank
Branch & Address
Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank IMPS
1-6-451/6, Station Road, Bhongir, Nalgonda - 508116
Mumbai, Bhongir, Maharashtra
Contact
+919885118380MICR Code Structure
508
City
861
Bank
702
Branch
City code 508 identifies the RBI clearing centre, bank code 861 identifies Yadagiri Lakshmi Narsimha Swamy Co-operative Urban Bank, and branch code 702 identifies this specific branch.
Online Payment Methods Supported
Other Yadagiri Lakshmi Narsimha Swamy Co-operative Urban 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 (YESB0YLNS01) 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 508861702 is in the middle, and your account number is on the right.