What is the IFSC code for MICR 500259015?

The IFSC code for IDBI Quthbullapur branch (MICR: 500259015) is IBKL0000888. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (500) represent the city/clearing centre, the next 3 digits (259) identify the bank, and the last 3 digits (015) identify the specific branch. For 500259015, the city code is 500, bank code is 259, and branch code is 015.

IDBI Quthbullapur

Q: Which bank does MICR code 500259015 belong to?

MICR code 500259015 belongs to IDBI, Quthbullapur branch, located at Idbi Bank Limitedsy no 88aaae Ncl Gangaopp Zee Family Dhaba Kompally Roadquthbullapur R R Dist 500055, Rangareddy, Andhra Pradesh. The corresponding IFSC code is IBKL0000888.

Quthbullapur · Rangareddy, Andhra Pradesh

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500259015

500259015 is the MICR code for the Quthbullapur branch of IDBI, located in Rangareddy, Andhra Pradesh. 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 IBKL0000888.

Bank

IDBI

Branch & Address

Quthbullapur

Idbi Bank Limitedsy no 88aaae Ncl Gangaopp Zee Family Dhaba Kompally Roadquthbullapur R R Dist 500055

Rangareddy, Quthbullapur, Andhra Pradesh

Contact

+919966107585

Codes for this Branch

MICR (cheques)

500259015

IFSC (online transfers)

IBKL0000888

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MICR Code Structure

500

City

259

Bank

015

Branch

City code 500 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 015 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Rangareddy

Amirpet Rangareddy, Andhra Pradesh IBKL0000426 Habshiguda Rangareddy, Andhra Pradesh IBKL0000446 Medchal Rangareddy, Andhra Pradesh IBKL0001636 Narsingi Rangareddy, Telangana IBKL0002291 Rac Kukatpally Hyderabad Rangareddy, Andhra Pradesh IBKL0000845 Rajendranagar Rangareddy, Andhra Pradesh IBKL0001048

Other banks in Rangareddy, Andhra Pradesh

Axis Bank 15 branches Bandhan Bank 3 branches Bank of Baroda 7 branches Bank of India 4 branches Canara Bank 59 branches Catholic Syrian Bank 3 branches Central Bank of India 9 branches City Union Bank 11 branches

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 (IBKL0000888) 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 500259015 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0000888