Indian Bank Sirnapalli
Sirnapalli · Nizamabad, Telangana
503019007 is the MICR code for the Sirnapalli branch of Indian Bank, located in Nizamabad, Telangana. 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 IDIB000S065.
Bank
Indian Bank
Branch & Address
Sirnapalli
Sirnapalli Post Indalwai Mandal Nizamabad Dist Sirnapalli PIN 503164
Nizamabad, Nizamabad, Telangana
Contact
+919490162088MICR Code Structure
503
City
019
Bank
007
Branch
City code 503 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 007 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Nizamabad
Other banks in Nizamabad, Telangana
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 (IDIB000S065) 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 503019007 is in the middle, and your account number is on the right.