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MICR code · Agi

MICR code 416861594

MICR code
416861594
IDBI, Sangli Dcc Bank Ltd Sangli Ped
✔ Verified in RBI list
Bank
IDBI
Branch
Sangli Dcc Bank Ltd Sangli Ped
IFSC
IBKL0SDC099
Address
A P PED TAL TASGAON DIST SANGLI
City
Agi
District
Ped
State
Maharashtra
City code
416
Bank code
861
Branch code
594
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 416861594 belongs to IDBI, Sangli Dcc Bank Ltd Sangli Ped branch in Agi, Maharashtra. The matching IFSC code is IBKL0SDC099.

How to read MICR 416861594

  • 416: the city code. It usually follows the first digits of the area's PIN code; here it is Agi.
  • 861: the bank code, the same for every branch of IDBI in cheque clearing.
  • 594: 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 (IBKL0SDC099 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 416861594 belong to?

IDBI, Sangli Dcc Bank Ltd Sangli Ped branch (Agi, Maharashtra).

What is the IFSC code for MICR 416861594?

IBKL0SDC099.

What do the digits of 416861594 mean?

416 is the city code, 861 the bank code and 594 the branch code.

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