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MICR code · Satara

MICR code 484259584

MICR code
484259584
IDBI, Mhaswad
✔ Verified in RBI list
Bank
IDBI
Branch
Mhaswad
IFSC
IBKL0000484
Address
MAIN ROAD,MHASWADTAL MANSATARA415509
City
Satara
District
Mhaswad
State
Maharashtra
City code
484
Bank code
259
Branch code
584
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 484259584 belongs to IDBI, Mhaswad branch in Satara, Maharashtra. The matching IFSC code is IBKL0000484.

How to read MICR 484259584

  • 484: the city code. It usually follows the first digits of the area's PIN code; here it is Satara.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 584: 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 (IBKL0000484 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 484259584 belong to?

IDBI, Mhaswad branch (Satara, Maharashtra).

What is the IFSC code for MICR 484259584?

IBKL0000484.

What do the digits of 484259584 mean?

484 is the city code, 259 the bank code and 584 the branch code.

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