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MICR code · Siddipet

MICR code 505019009

MICR code
505019009
Indian Bank, Thotapalli
✔ Verified in RBI list
Bank
Indian Bank
Branch
Thotapalli
IFSC
IDIB000T071
Address
5310/1 NEAR BUS STAND MAIN ROAD THOTAPALLI PIN 505530
City
Siddipet
District
Siddipet
State
Telangana
City code
505
Bank code
019
Branch code
009
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 505019009 belongs to Indian Bank, Thotapalli branch in Siddipet, Telangana. The matching IFSC code is IDIB000T071.

How to read MICR 505019009

  • 505: the city code. It usually follows the first digits of the area's PIN code; here it is Siddipet.
  • 019: the bank code, the same for every branch of Indian Bank in cheque clearing.
  • 009: 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 (IDIB000T071 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 505019009 belong to?

Indian Bank, Thotapalli branch (Siddipet, Telangana).

What is the IFSC code for MICR 505019009?

IDIB000T071.

What do the digits of 505019009 mean?

505 is the city code, 019 the bank code and 009 the branch code.

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