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MICR code · Budaun

MICR code 243259202

MICR code
243259202
IDBI, Badaun
✔ Verified in RBI list
Bank
IDBI
Branch
Badaun
IFSC
IBKL0001263
Address
IDBI BANK LTD,424 /CIVIL LINES ,INDIRA CHOWK ,BADAUN
City
Budaun
District
Badaun
State
Uttar Pradesh
City code
243
Bank code
259
Branch code
202
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 243259202 belongs to IDBI, Badaun branch in Budaun, Uttar Pradesh. The matching IFSC code is IBKL0001263.

How to read MICR 243259202

  • 243: the city code. It usually follows the first digits of the area's PIN code; here it is Budaun.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 202: 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 (IBKL0001263 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 243259202 belong to?

IDBI, Badaun branch (Budaun, Uttar Pradesh).

What is the IFSC code for MICR 243259202?

IBKL0001263.

What do the digits of 243259202 mean?

243 is the city code, 259 the bank code and 202 the branch code.

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