Chaitanya Mahila Sahakari Bank, Vijayapur Chaitanya Mahila Sahakari Bank, Vijayapur IMPS
Chaitanya Mahila Sahakari Bank, Vijayapur IMPS · Mumbai, Maharashtra
586259261 is the MICR code for the Chaitanya Mahila Sahakari Bank, Vijayapur IMPS branch of Chaitanya Mahila Sahakari Bank, Vijayapur, 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 UTIB0SCHAIT.
Bank
Chaitanya Mahila Sahakari Bank, Vijayapur
Branch & Address
Chaitanya Mahila Sahakari Bank, Vijayapur IMPS
Mirde Galli Near Meenaxi Chowk Bijapur 586101
Mumbai, Bijapur, Maharashtra
Contact
+918352255067MICR Code Structure
586
City
259
Bank
261
Branch
City code 586 identifies the RBI clearing centre, bank code 259 identifies Chaitanya Mahila Sahakari Bank, Vijayapur, and branch code 261 identifies this specific branch.
Online Payment Methods Supported
Other Chaitanya Mahila Sahakari Bank, Vijayapur 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 (UTIB0SCHAIT) 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 586259261 is in the middle, and your account number is on the right.