MICR code
195259000
IDBI, Margaon
- Bank
- IDBI
- Branch
- Margaon
- IFSC
- IBKL0000645
- Address
- SAPNA ARCADE,, MASJID ROAD, MALBHAT MARG,, P B NO 132, MARGAO, PINCODE 403601
- City
- South Goa
- District
- Margao
- State
- Goa
- City code
- 195
- Bank code
- 259
- Branch code
- 000
- Home
- MICR search
- 195259000
MICR code · South Goa
MICR code 195259000
✔ Verified in RBI list
How to read MICR 195259000
- 195: the city code. It usually follows the first digits of the area's PIN code; here it is South Goa.
- 259: the bank code, the same for every branch of IDBI in cheque clearing.
- 000: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (IBKL0000645 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 195259000 belong to?
IDBI, Margaon branch (South Goa, Goa).
What is the IFSC code for MICR 195259000?
IBKL0000645.
What do the digits of 195259000 mean?
195 is the city code, 259 the bank code and 000 the branch code.