IDBI Sangli Dcc Bank LTD Sangli Charan
Sangli Dcc Bank LTD Sangli Charan · Agi, Maharashtra
415861545 is the MICR code for the Sangli Dcc Bank LTD Sangli Charan branch of IDBI, located in Agi, 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 IBKL0SDC041.
Bank
IDBI
Branch & Address
Sangli Dcc Bank LTD Sangli Charan
A P Charan Tal Shirala Dist Sangli
Agi, Charan, Maharashtra
Contact
+912345223140MICR Code Structure
415
City
861
Bank
545
Branch
City code 415 identifies the RBI clearing centre, bank code 861 identifies IDBI, and branch code 545 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Agi
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 (IBKL0SDC041) 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 415861545 is in the middle, and your account number is on the right.