IDBI Krushiseva Urban Co Operative Bank LTD Kole
Krushiseva Urban Co Operative Bank LTD Kole · Solapur, Maharashtra
413925501 is the MICR code for the Krushiseva Urban Co Operative Bank LTD Kole branch of IDBI, located in Solapur, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code IBKL0540KUC.
Bank
IDBI
Branch & Address
Krushiseva Urban Co Operative Bank LTD Kole
Post Kole Tal Sangola Dist Solapur, PIN 413314
Solapur, Kole, Maharashtra
Contact
+912187241296MICR Code Structure
413
City
925
Bank
501
Branch
City code 413 identifies the RBI clearing centre, bank code 925 identifies IDBI, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Solapur
Other banks in Solapur, Maharashtra
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (IBKL0540KUC) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 413925501 is in the middle, and your account number is on the right.