Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 493521515 belongs to Chhattisgarh Rajya Gramin Bank, Hathband branch in Baloda Bazar, Chhattisgarh. The matching IFSC code is CRGB0000118.
How to read MICR 493521515
493: the city code. It usually follows the first digits of the area's PIN code; here it is Baloda Bazar.
521: the bank code, the same for every branch of Chhattisgarh Rajya Gramin Bank in cheque clearing.
515: 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 (CRGB0000118 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 493521515 belong to?
Chhattisgarh Rajya Gramin Bank, Hathband branch (Baloda Bazar, Chhattisgarh).
What is the IFSC code for MICR 493521515?
CRGB0000118.
What do the digits of 493521515 mean?
493 is the city code, 521 the bank code and 515 the branch code.
