Indusind Bank Suvarna Co Op Bank LTD Shivajinagar
Suvarna Co Op Bank LTD Shivajinagar · Bangalore, Karnataka
560933004 is the MICR code for the Suvarna Co Op Bank LTD Shivajinagar branch of Indusind Bank, located in Bangalore, Karnataka. 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 INDB0SCB003.
Bank
Indusind Bank
Branch & Address
Suvarna Co Op Bank LTD Shivajinagar
No 54 Sathyam Complex Old Phoor House Road Shivajinagar Bangalore 560051
Bangalore, Bangalore, Karnataka
Contact
+918025582308MICR Code Structure
560
City
933
Bank
004
Branch
City code 560 identifies the RBI clearing centre, bank code 933 identifies Indusind Bank, and branch code 004 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Bangalore
Other banks in Bangalore, Karnataka
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 (INDB0SCB003) 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 560933004 is in the middle, and your account number is on the right.