Indian Bank Nagaram
Nagaram · Guntur, Andhra Pradesh
522019005 is the MICR code for the Nagaram branch of Indian Bank, located in Guntur, 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 IDIB000N005.
Bank
Indian Bank
Branch & Address
Nagaram
Repalle Road Nagaram Nagaram Nagaram PIN 522268
Guntur, Nagaram, Andhra Pradesh
Contact
+918648256728MICR Code Structure
522
City
019
Bank
005
Branch
City code 522 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Guntur
Other banks in Guntur, Andhra Pradesh
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 (IDIB000N005) 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 522019005 is in the middle, and your account number is on the right.