IDBI Gauribidanur
Gauribidanur · Kolar, Karnataka
561259202 is the MICR code for the Gauribidanur branch of IDBI, located in Kolar, Karnataka. 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 IBKL0002023.
Bank
IDBI
Branch & Address
Gauribidanur
Maurthi Building, Bh Road Cross, Behind Nataraja Theatre, Chikkaballapur Dist, Gauribidanur, Pin-561208
Kolar, Gauribidanur, Karnataka
Contact
+917034475776MICR Code Structure
561
City
259
Bank
202
Branch
City code 561 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Kolar
Other banks in Kolar, Karnataka
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 (IBKL0002023) 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 561259202 is in the middle, and your account number is on the right.