Yes Bank Sri Basaveshwar Pattana Sahakari Bank Niyamit Sindgi
Sri Basaveshwar Pattana Sahakari Bank Niyamit Sindgi · Vijayapura, Karnataka
586824002 is the MICR code for the Sri Basaveshwar Pattana Sahakari Bank Niyamit Sindgi branch of Yes Bank, located in Vijayapura, 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 YESB00SBPSB.
Bank
Yes Bank
Branch & Address
Sri Basaveshwar Pattana Sahakari Bank Niyamit Sindgi
Kalika Nagar, Managuli Building, Sindgi Dist Vijayapura 586128
Vijayapura, Sindgi, Karnataka
Contact
222595MICR Code Structure
586
City
824
Bank
002
Branch
City code 586 identifies the RBI clearing centre, bank code 824 identifies Yes Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Vijayapura
Other banks in Vijayapura, 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 (YESB00SBPSB) 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 586824002 is in the middle, and your account number is on the right.