Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 509815583 belongs to Telangana State Co-operative Apex Bank, The Mahaboobnagar District Co Operative Central Bank Ltd, Nagarkurnool branch in Mahbubnagar, Telangana. The matching IFSC code is TSAB0014015.
How to read MICR 509815583
509: the city code. It usually follows the first digits of the area's PIN code; here it is Mahbubnagar.
815: the bank code, the same for every branch of Telangana State Co-operative Apex Bank in cheque clearing.
583: 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 (TSAB0014015 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 509815583 belong to?
Telangana State Co-operative Apex Bank, The Mahaboobnagar District Co Operative Central Bank Ltd, Nagarkurnool branch (Mahbubnagar, Telangana).
What is the IFSC code for MICR 509815583?
TSAB0014015.
What do the digits of 509815583 mean?
509 is the city code, 815 the bank code and 583 the branch code.
