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MICR code · Nalgonda

MICR code 508259003

MICR code
508259003
IDBI, Chervugattu
✔ Verified in RBI list
Bank
IDBI
Branch
Chervugattu
IFSC
IBKL0001639
Address
H NO 4 60,YELLAREDDYGUDAM,CHERVUGATTU,NALGONDA 508254,AP
City
Nalgonda
District
Nalgonda
State
Andhra Pradesh
City code
508
Bank code
259
Branch code
003
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 508259003 belongs to IDBI, Chervugattu branch in Nalgonda, Andhra Pradesh. The matching IFSC code is IBKL0001639.

How to read MICR 508259003

  • 508: the city code. It usually follows the first digits of the area's PIN code; here it is Nalgonda.
  • 259: the bank code, the same for every branch of IDBI in cheque clearing.
  • 003: 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 (IBKL0001639 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 508259003 belong to?

IDBI, Chervugattu branch (Nalgonda, Andhra Pradesh).

What is the IFSC code for MICR 508259003?

IBKL0001639.

What do the digits of 508259003 mean?

508 is the city code, 259 the bank code and 003 the branch code.

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