What is the IFSC code for MICR 508259004?

The IFSC code for IDBI Suryapet branch (MICR: 508259004) is IBKL0002218. 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 (508) represent the city/clearing centre, the next 3 digits (259) identify the bank, and the last 3 digits (004) identify the specific branch. For 508259004, the city code is 508, bank code is 259, and branch code is 004.

IDBI Suryapet

Q: Which bank does MICR code 508259004 belong to?

MICR code 508259004 belongs to IDBI, Suryapet branch, located at H no 1 2 270 56 a Ground Floor M G Road Sy no 263 Ward no 1 Block no 2 Manasa Nagar Suryapet Suryapet Dist Telangana PIN 508213, Nalgonda, Telangana. The corresponding IFSC code is IBKL0002218.

Suryapet · Nalgonda, Telangana

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508259004

508259004 is the MICR code for the Suryapet branch of IDBI, located in Nalgonda, 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 IBKL0002218.

Bank

IDBI

Branch & Address

Suryapet

H no 1 2 270 56 a Ground Floor M G Road Sy no 263 Ward no 1 Block no 2 Manasa Nagar Suryapet Suryapet Dist Telangana PIN 508213

Nalgonda, Suryapet, Telangana

Contact

+919182044505

Codes for this Branch

MICR (cheques)

508259004

IFSC (online transfers)

IBKL0002218

View

MICR Code Structure

508

City

259

Bank

004

Branch

City code 508 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 004 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Nalgonda

Chervugattu Nalgonda, Andhra Pradesh IBKL0001639 Nalgonda Nalgonda, Andhra Pradesh IBKL0001128 Bachupally Medchal Malkajgiri, Telangana IBKL0002368 Bhupalpally Bhupalpally, Telangana IBKL0002312 Boduppal Hyderabad, Telangana IBKL0002369 Hayathnagar Hyderabad, Telangana IBKL0002395

Other banks in Nalgonda, Telangana

AU Small Finance Bank 4 branches Axis Bank 12 branches Bandhan Bank 2 branches Bank of Baroda 6 branches Bank of India 2 branches Bank of Maharashtra 2 branches Canara Bank 42 branches Central Bank of India 15 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 (IBKL0002218) 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 508259004 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0002218