MICR code
263259702
IDBI, Bageshwar
- Bank
- IDBI
- Branch
- Bageshwar
- IFSC
- IBKL0001532
- Address
- 72,DARI ROAD,NEAR WATER SUPPLY PUMP,BAGESHWAR 263642,UTTARAKHAND
- City
- Bageshwar
- District
- Bageshwar
- State
- Uttarakhand
- City code
- 263
- Bank code
- 259
- Branch code
- 702
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- 263259702
MICR code · Bageshwar
MICR code 263259702
✔ Verified in RBI list
How to read MICR 263259702
- 263: the city code. It usually follows the first digits of the area's PIN code; here it is Bageshwar.
- 259: the bank code, the same for every branch of IDBI in cheque clearing.
- 702: 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 (IBKL0001532 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 263259702 belong to?
IDBI, Bageshwar branch (Bageshwar, Uttarakhand).
What is the IFSC code for MICR 263259702?
IBKL0001532.
What do the digits of 263259702 mean?
263 is the city code, 259 the bank code and 702 the branch code.