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Vikas Souharda Co-operative Bank Vikas Souharda Co-operative Bank IMPS

Vikas Souharda Co-operative Bank IMPS · Mumbai, Maharashtra

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583229251

583229251 is the MICR code for the Vikas Souharda Co-operative Bank IMPS branch of Vikas Souharda Co-operative 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 ICIC00VSCBL.

Bank

Vikas Souharda Co-operative Bank

Branch & Address

Vikas Souharda Co-operative Bank IMPS

Opp Sriramulu Park, Station Road, Hosept 583201

Mumbai, Hospet, Maharashtra

Contact

+918394226411

Codes for this Branch

MICR (cheques)

583229251

IFSC (online transfers)

ICIC00VSCBL

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MICR Code Structure

583

City

229

Bank

251

Branch

City code 583 identifies the RBI clearing centre, bank code 229 identifies Vikas Souharda Co-operative Bank, and branch code 251 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Vikas Souharda Co-operative Bank branches near Mumbai

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 (ICIC00VSCBL) 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 583229251 is in the middle, and your account number is on the right.

View full branch details for IFSC ICIC00VSCBL