MICR code
160259031
IDBI, Chandigarhscb
- Bank
- IDBI
- Branch
- Chandigarhscb
- IFSC
- IBKL0002503
- Address
- IDBI BANK LTD 1ST FLOOR S C O 72 AND 73 SECTOR 17B
- City
- Chandigarh
- District
- Chandigarh
- State
- Chandigarh
- City code
- 160
- Bank code
- 259
- Branch code
- 031
- Home
- MICR search
- 160259031
MICR code · Chandigarh
MICR code 160259031
✔ Verified in RBI list
How to read MICR 160259031
- 160: the city code. It usually follows the first digits of the area's PIN code; here it is Chandigarh.
- 259: the bank code, the same for every branch of IDBI in cheque clearing.
- 031: 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 (IBKL0002503 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 160259031 belong to?
IDBI, Chandigarhscb branch (Chandigarh, Chandigarh).
What is the IFSC code for MICR 160259031?
IBKL0002503.
What do the digits of 160259031 mean?
160 is the city code, 259 the bank code and 031 the branch code.