MICR code
462259008
IDBI, Mandideep
- Bank
- IDBI
- Branch
- Mandideep
- IFSC
- IBKL0001757
- Address
- CHUGTAI COMPLEX,WARD NO.2,MAIN ROAD,NH 12,NEAR AXIS BANK,462046
- City
- Raisen
- District
- Mandideep
- State
- Madhya Pradesh
- City code
- 462
- Bank code
- 259
- Branch code
- 008
- Home
- MICR search
- 462259008
MICR code · Raisen
MICR code 462259008
✔ Verified in RBI list
How to read MICR 462259008
- 462: the city code. It usually follows the first digits of the area's PIN code; here it is Raisen.
- 259: the bank code, the same for every branch of IDBI in cheque clearing.
- 008: 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 (IBKL0001757 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 462259008 belong to?
IDBI, Mandideep branch (Raisen, Madhya Pradesh).
What is the IFSC code for MICR 462259008?
IBKL0001757.
What do the digits of 462259008 mean?
462 is the city code, 259 the bank code and 008 the branch code.