IDBI Vikas Urban Cooperative Bank Niyamitha
Vikas Urban Cooperative Bank Niyamitha · Uttar Kannad, Karnataka
581890000 is the MICR code for the Vikas Urban Cooperative Bank Niyamitha branch of IDBI, located in Uttar Kannad, 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 IBKL01873V1.
Bank
IDBI
Branch & Address
Vikas Urban Cooperative Bank Niyamitha
Ramnath Complex Main Road Yellapur 581359
Uttar Kannad, Yellapur, Karnataka
Contact
+918419261497MICR Code Structure
581
City
890
Bank
000
Branch
City code 581 identifies the RBI clearing centre, bank code 890 identifies IDBI, and branch code 000 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Uttar Kannad
Other banks in Uttar Kannad, 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 (IBKL01873V1) 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 581890000 is in the middle, and your account number is on the right.