IDBI State Transport Bank Yeotmal
State Transport Bank Yeotmal · Yavatmal, Maharashtra
445800002 is the MICR code for the State Transport Bank Yeotmal 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 IBKL0617S26.
Bank
IDBI
Branch & Address
State Transport Bank Yeotmal
S T Bus Stand 2nd Floor, Yeotmal445001
Yavatmal, Yavatmal, Maharashtra
Contact
+917232244350MICR Code Structure
445
City
800
Bank
002
Branch
City code 445 identifies the RBI clearing centre, bank code 800 identifies IDBI, and branch code 002 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 (IBKL0617S26) 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 445800002 is in the middle, and your account number is on the right.