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MICR code · Raigad

MICR code 400019501

MICR code
400019501
Indian Bank, Bhingar
✔ Verified in RBI list
Bank
Indian Bank
Branch
Bhingar
IFSC
IDIB000B789
Address
KRISHNA APARTMENT BHINGAR VILLAGE BHINGAR AJIVALI PIN 410206
City
Raigad
District
Bhingar
State
Maharashtra
City code
400
Bank code
019
Branch code
501
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 400019501 belongs to Indian Bank, Bhingar branch in Raigad, Maharashtra. The matching IFSC code is IDIB000B789.

How to read MICR 400019501

  • 400: the city code. It usually follows the first digits of the area's PIN code; here it is Raigad.
  • 019: the bank code, the same for every branch of Indian Bank in cheque clearing.
  • 501: 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 (IDIB000B789 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 400019501 belong to?

Indian Bank, Bhingar branch (Raigad, Maharashtra).

What is the IFSC code for MICR 400019501?

IDIB000B789.

What do the digits of 400019501 mean?

400 is the city code, 019 the bank code and 501 the branch code.

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