Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 816735103 belongs to IDBI, Jharkhand State Cooperative Bank Limited Rajmahal branch in Sahibganj, Jharkhand. The matching IFSC code is IBKL063JS04.
How to read MICR 816735103
816: the city code. It usually follows the first digits of the area's PIN code; here it is Sahibganj.
735: the bank code, the same for every branch of IDBI in cheque clearing.
103: 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 (IBKL063JS04 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 816735103 belong to?
IDBI, Jharkhand State Cooperative Bank Limited Rajmahal branch (Sahibganj, Jharkhand).
What is the IFSC code for MICR 816735103?
IBKL063JS04.
What do the digits of 816735103 mean?
816 is the city code, 735 the bank code and 103 the branch code.
