What is the IFSC code for MICR 520259742?

The IFSC code for IDBI Nuzvid branch (MICR: 520259742) is IBKL0001934. 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 (520) represent the city/clearing centre, the next 3 digits (259) identify the bank, and the last 3 digits (742) identify the specific branch. For 520259742, the city code is 520, bank code is 259, and branch code is 742.

IDBI Nuzvid

Q: Which bank does MICR code 520259742 belong to?

MICR code 520259742 belongs to IDBI, Nuzvid branch, located at R.s no 450/1, Ground Floor, Block No-25, Hanuman Junction Road, Nuzvid-521201, Krishna, Andhra Pradesh. The corresponding IFSC code is IBKL0001934.

Nuzvid · Krishna, Andhra Pradesh

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520259742

520259742 is the MICR code for the Nuzvid branch of IDBI, located in Krishna, 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 IBKL0001934.

Bank

IDBI

Branch & Address

Nuzvid

R.s no 450/1, Ground Floor, Block No-25, Hanuman Junction Road, Nuzvid-521201

Krishna, Nuzvid, Andhra Pradesh

Contact

+918142365511

Codes for this Branch

MICR (cheques)

520259742

IFSC (online transfers)

IBKL0001934

View

MICR Code Structure

520

City

259

Bank

742

Branch

City code 520 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 742 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Krishna

Gudivada Krishna, Andhra Pradesh IBKL0001510 Lic Employees Co Operative Bank Limited Machilipatnam Krishna, Andhra Pradesh IBKL0871LEC Machilipatnam Krishna, Andhra Pradesh IBKL0000871 Poranki Krishna, Andhra Pradesh IBKL0002205 Retail Assets Vijayawada Krishna, Andhra Pradesh IBKL0000826 The Swasakthi Mercantile Co Operative Urban Bank LTD Krishna, Andhra Pradesh IBKL0089SMC

Other banks in Krishna, Andhra Pradesh

Andhra Pradesh State Co-operative Bank 65 branches A.P. Mahesh Co-operative Urban Bank 1 branch AU Small Finance Bank 6 branches Axis Bank 27 branches Bandhan Bank 2 branches Bank of Baroda 31 branches Bank of India 5 branches Bank of Maharashtra 1 branch

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 (IBKL0001934) 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 520259742 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0001934