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MICR code · Kolar

MICR code 563259520

MICR code
563259520
IDBI, Bangarpet
✔ Verified in RBI list
Bank
IDBI
Branch
Bangarpet
IFSC
IBKL0001655
Address
DESHI HALLI,BANGARPET KGF MAIN ROAD PIN CODE 563114
City
Kolar
District
Bangarpet
State
Karnataka
City code
563
Bank code
259
Branch code
520
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 563259520 belongs to IDBI, Bangarpet branch in Kolar, Karnataka. The matching IFSC code is IBKL0001655.

How to read MICR 563259520

  • 563: the city code. It usually follows the first digits of the area's PIN code; here it is Kolar.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 520: 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 (IBKL0001655 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 563259520 belong to?

IDBI, Bangarpet branch (Kolar, Karnataka).

What is the IFSC code for MICR 563259520?

IBKL0001655.

What do the digits of 563259520 mean?

563 is the city code, 259 the bank code and 520 the branch code.

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