SVC Co-operative Bank The Arya Vaishya Coop Bank Ltd- Kerur
The Arya Vaishya Coop Bank Ltd- Kerur · Bagalkote, Karnataka
587259251 is the MICR code for the The Arya Vaishya Coop Bank Ltd- Kerur branch of SVC Co-operative Bank, located in Bagalkote, 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 SVCB0052006.
Bank
SVC Co-operative Bank
Branch & Address
The Arya Vaishya Coop Bank Ltd- Kerur
B. N. Totgeri Building, Tmc no 1806, Market Post, Kerur- 587206
Bagalkote, Kerur, Karnataka
Contact
+919164890700MICR Code Structure
587
City
259
Bank
251
Branch
City code 587 identifies the RBI clearing centre, bank code 259 identifies SVC Co-operative Bank, and branch code 251 identifies this specific branch.
Online Payment Methods Supported
Other SVC Co-operative Bank branches near Bagalkote
Other banks in Bagalkote, 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 (SVCB0052006) 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 587259251 is in the middle, and your account number is on the right.