Indian Bank Gadwal
Gadwal · Jogulamba Gadwal, Telangana
509019004 is the MICR code for the Gadwal branch of Indian Bank, located in Jogulamba Gadwal, 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 IDIB000G131.
Bank
Indian Bank
Branch & Address
Gadwal
168 J Vinodachary Enclave Gadwalkurnool Main Road Opposite Collectorate Complex Gadwal PIN 509125
Jogulamba Gadwal, Jogulamba Gadwal, Telangana
Contact
+918546293121MICR Code Structure
509
City
019
Bank
004
Branch
City code 509 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 004 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Jogulamba Gadwal
Other banks in Jogulamba Gadwal, 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 (IDIB000G131) 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 509019004 is in the middle, and your account number is on the right.