SVC Co-operative Bank Mysore
Mysore · Mysore, Karnataka
570089002 is the MICR code for the Mysore branch of SVC Co-operative Bank, located in Mysore, 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 SVCB0000087.
Bank
SVC Co-operative Bank
Branch & Address
Mysore
2924, Basava Arcade, Ground Floor, 1st Main, 5th Cross, Saraswathipuram, Chamraja Mohalla, Mysore, State-karnataka, City-bengaluru, PIN No. 570009 Tel No. 0821-2341299, 23416.
Mysore, Mysore, Karnataka
Contact
+918212341299MICR Code Structure
570
City
089
Bank
002
Branch
City code 570 identifies the RBI clearing centre, bank code 089 identifies SVC Co-operative Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other SVC Co-operative Bank branches near Mysore
Other banks in Mysore, 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 (SVCB0000087) 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 570089002 is in the middle, and your account number is on the right.