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MICR code · Rangareddy

MICR code 500259025

MICR code
500259025
IDBI, Shamirpet
✔ Verified in RBI list
Bank
IDBI
Branch
Shamirpet
IFSC
IBKL0001722
Address
H NO 1-7/34,SHAMIRPET VILLAGE,RANGAREDY DIST,TELANGANA
City
Rangareddy
District
Amirpet
State
Telangana
City code
500
Bank code
259
Branch code
025
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 500259025 belongs to IDBI, Shamirpet branch in Rangareddy, Telangana. The matching IFSC code is IBKL0001722.

How to read MICR 500259025

  • 500: the city code. It usually follows the first digits of the area's PIN code; here it is Rangareddy.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 025: 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 (IBKL0001722 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 500259025 belong to?

IDBI, Shamirpet branch (Rangareddy, Telangana).

What is the IFSC code for MICR 500259025?

IBKL0001722.

What do the digits of 500259025 mean?

500 is the city code, 259 the bank code and 025 the branch code.

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