MICR code
532019102
Indian Bank, Palasa
- Bank
- Indian Bank
- Branch
- Palasa
- IFSC
- IDIB000P256
- Address
- 204115 OPP SBI PURUSHOTHAPURAM PALASA PALASA PIN 532221
- City
- Srikakulam
- District
- Palasa
- State
- Andhra Pradesh
- City code
- 532
- Bank code
- 019
- Branch code
- 102
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- 532019102
MICR code · Srikakulam
MICR code 532019102
✔ Verified in RBI list
How to read MICR 532019102
- 532: the city code. It usually follows the first digits of the area's PIN code; here it is Srikakulam.
- 019: the bank code, the same for every branch of Indian Bank in cheque clearing.
- 102: 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 (IDIB000P256 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 532019102 belong to?
Indian Bank, Palasa branch (Srikakulam, Andhra Pradesh).
What is the IFSC code for MICR 532019102?
IDIB000P256.
What do the digits of 532019102 mean?
532 is the city code, 019 the bank code and 102 the branch code.