What is the IFSC code for MICR 500259017?

The IFSC code for IDBI A S Rao Nagar branch (MICR: 500259017) is IBKL0001169. 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 (017) identify the specific branch. For 500259017, the city code is 500, bank code is 259, and branch code is 017.

IDBI A S Rao Nagar

Q: Which bank does MICR code 500259017 belong to?

MICR code 500259017 belongs to IDBI, A S Rao Nagar branch, located at Ground Floor Royal Embassy 1 6 50 Plot 50 Anupuram Dr a S Rao Nagar Kapra Municipality Hyderabad PIN 500062, Hyderabad, Andhra Pradesh. The corresponding IFSC code is IBKL0001169.

A S Rao Nagar · Hyderabad, Andhra Pradesh

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500259017

500259017 is the MICR code for the A S Rao Nagar branch of IDBI, located in Hyderabad, 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 IBKL0001169.

Bank

IDBI

Branch & Address

A S Rao Nagar

Ground Floor Royal Embassy 1 6 50 Plot 50 Anupuram Dr a S Rao Nagar Kapra Municipality Hyderabad PIN 500062

Hyderabad, Hyderabad, Andhra Pradesh

Contact

+919849592873

Codes for this Branch

MICR (cheques)

500259017

IFSC (online transfers)

IBKL0001169

View

MICR Code Structure

500

City

259

Bank

017

Branch

City code 500 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 017 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Hyderabad

Boduppal Hyderabad, Telangana IBKL0002369 Bowenpally Hyderabad, Andhra Pradesh IBKL0001275 Ccu Hyderabad Hyderabad, Andhra Pradesh IBKL0000935 Charminar Hyderabad, Andhra Pradesh IBKL0001327 Chintal Hyderabad, Andhra Pradesh IBKL0001273 Currency Chest Hyderabad Hyderabad, Andhra Pradesh IBKL0000978

Other banks in Hyderabad, Andhra Pradesh

A.P. Mahesh Co-operative Urban Bank 28 branches AU Small Finance Bank 14 branches Axis Bank 94 branches Bandhan Bank 15 branches Bank of Bahrein and Kuwait 2 branches Bank of Baroda 56 branches Bank of India 41 branches Bank of Maharashtra 13 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 (IBKL0001169) 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 500259017 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0001169