IDBI Vidarbha Merchants U C B LTD Wani
Vidarbha Merchants U C B LTD Wani · Yavatmal, Maharashtra
442879502 is the MICR code for the Vidarbha Merchants U C B LTD Wani branch of IDBI, located in Yavatmal, 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 IBKL00410V5.
Bank
IDBI
Branch & Address
Vidarbha Merchants U C B LTD Wani
Above Samadhan Purti Market, Wani
Yavatmal, Wani, Maharashtra
Contact
+917239225390MICR Code Structure
442
City
879
Bank
502
Branch
City code 442 identifies the RBI clearing centre, bank code 879 identifies IDBI, and branch code 502 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Yavatmal
Other banks in Yavatmal, 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 (IBKL00410V5) 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 442879502 is in the middle, and your account number is on the right.