Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 500869029 belongs to Bank ADBK, Siddipet branch in Siddipet, Telangana. The matching IFSC code is ADBK0001030.
How to read MICR 500869029
500: the city code. It usually follows the first digits of the area's PIN code; here it is Siddipet.
869: the bank code, the same for every branch of Bank ADBK in cheque clearing.
029: 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 (ADBK0001030 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 500869029 belong to?
Bank ADBK, Siddipet branch (Siddipet, Telangana).
What is the IFSC code for MICR 500869029?
ADBK0001030.
What do the digits of 500869029 mean?
500 is the city code, 869 the bank code and 029 the branch code.