IDBI Siddaganga Urban Co Operative Bank
Siddaganga Urban Co Operative Bank · Tumkur, Karnataka
572802002 is the MICR code for the Siddaganga Urban Co Operative Bank branch of IDBI, located in Tumkur, 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 IBKL0362SUB.
Bank
IDBI
Branch & Address
Siddaganga Urban Co Operative Bank
Shs Building, B H Road, Tumkur 572102
Tumkur, Tumkur, Karnataka
Contact
+919620226001MICR Code Structure
572
City
802
Bank
002
Branch
City code 572 identifies the RBI clearing centre, bank code 802 identifies IDBI, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Tumkur
Other banks in Tumkur, 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 (IBKL0362SUB) 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 572802002 is in the middle, and your account number is on the right.