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MICR code · Ahmadnagar

MICR code 422259506

MICR code
422259506
IDBI, Akola
✔ Verified in RBI list
Bank
IDBI
Branch
Akola
IFSC
IBKL0001827
Address
OPP SBI,AGASTI KARKHANA ROAD,AKOLE,TAL-AKOLE,DIST-AHMEDNAGAR
City
Ahmadnagar
District
Akola
State
Maharashtra
City code
422
Bank code
259
Branch code
506
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 422259506 belongs to IDBI, Akola branch in Ahmadnagar, Maharashtra. The matching IFSC code is IBKL0001827.

How to read MICR 422259506

  • 422: the city code. It usually follows the first digits of the area's PIN code; here it is Ahmadnagar.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 506: 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 (IBKL0001827 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 422259506 belong to?

IDBI, Akola branch (Ahmadnagar, Maharashtra).

What is the IFSC code for MICR 422259506?

IBKL0001827.

What do the digits of 422259506 mean?

422 is the city code, 259 the bank code and 506 the branch code.

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