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MICR code · Bagalkot

MICR code 587002109

MICR code
587002109
State Bank of India, Nandawadgi
✔ Verified in RBI list
Bank
State Bank of India
Branch
Nandawadgi
IFSC
SBIN0020470
Address
DQAALODIS
City
Bagalkot
District
Bagalkot
State
Karnataka
City code
587
Bank code
002
Branch code
109
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 587002109 belongs to State Bank of India, Nandawadgi branch in Bagalkot, Karnataka. The matching IFSC code is SBIN0020470.

How to read MICR 587002109

  • 587: the city code. It usually follows the first digits of the area's PIN code; here it is Bagalkot.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 109: 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 (SBIN0020470 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 587002109 belong to?

State Bank of India, Nandawadgi branch (Bagalkot, Karnataka).

What is the IFSC code for MICR 587002109?

SBIN0020470.

What do the digits of 587002109 mean?

587 is the city code, 002 the bank code and 109 the branch code.

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