Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 624423102 belongs to Bank TNGB, Palani branch in Dindigul, Tamil Nadu. The matching IFSC code is TNGB0065258.
How to read MICR 624423102
624: the city code. It usually follows the first digits of the area's PIN code; here it is Dindigul.
423: the bank code, the same for every branch of Bank TNGB in cheque clearing.
102: 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 (TNGB0065258 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 624423102 belong to?
Bank TNGB, Palani branch (Dindigul, Tamil Nadu).
What is the IFSC code for MICR 624423102?
TNGB0065258.
What do the digits of 624423102 mean?
624 is the city code, 423 the bank code and 102 the branch code.
