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MICR code · Raipur

MICR code 493259503

MICR code
493259503
IDBI, Gariyabandh
✔ Verified in RBI list
Bank
IDBI
Branch
Gariyabandh
IFSC
IBKL0001753
Address
NEAR FOREST NAKA , RAJIM DEOBHOG ROAD
City
Raipur
District
Gariaband
State
Chhattisgarh
City code
493
Bank code
259
Branch code
503
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 493259503 belongs to IDBI, Gariyabandh branch in Raipur, Chhattisgarh. The matching IFSC code is IBKL0001753.

How to read MICR 493259503

  • 493: the city code. It usually follows the first digits of the area's PIN code; here it is Raipur.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 503: 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 (IBKL0001753 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 493259503 belong to?

IDBI, Gariyabandh branch (Raipur, Chhattisgarh).

What is the IFSC code for MICR 493259503?

IBKL0001753.

What do the digits of 493259503 mean?

493 is the city code, 259 the bank code and 503 the branch code.

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