Shivalik Mercantile Cooperative Bank Limited KHARGONE IFSC Code, MICR Code - Khargone, Madhya Pradesh

Shivalik Mercantile Cooperative Bank Limited KHARGONE Branch IFSC Code, MICR Code (Khargone, Madhya Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Shivalik Mercantile Cooperative Bank Limited KHARGONE - Khargone, Madhya Pradesh

IFSC Code:SMCB0001022
MICR Code:
Branch Code:001022 (Last six characters of IFSC Code represent Branch code)
Address:73, JAWAHAR NAGAR, KHARGONE, MP
Branch:KHARGONE
City:KHARGONE
District:Khargone
State:Madhya Pradesh
Contact No.:

Report Error

Disclaimer: The information in this site is intended solely for information purpose only. While we have taken every precaution to insure that the content of this site is both current and accurate, errors can occur. Author is not responsible for any loss and/or damage that may arise or is incurred by use of such information. Any action you take upon the information on this website is strictly at your own risk.

Shivalik Mercantile Cooperative Bank Limited IFSC Code is SMCB0001022, MICR Code is (Not provided), Branch Code is 001022 which is last six characters of IFSC Code, Branch name is KHARGONE located in 73, JAWAHAR NAGAR, KHARGONE, MP, KHARGONE, Khargone, Madhya Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.