IDBI Shree Gavisiddheshwar Urban Co Op Bank LTD Koppal
Shree Gavisiddheshwar Urban Co Op Bank LTD Koppal · Oa, Karnataka
583259251 is the MICR code for the Shree Gavisiddheshwar Urban Co Op Bank LTD Koppal branch of IDBI, located in Oa, 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 IBKL01196SG.
Bank
IDBI
Branch & Address
Shree Gavisiddheshwar Urban Co Op Bank LTD Koppal
Shree Gavisiddheshwar Urban Co Op Bank Ltd, Gavimath Road, Near Sharada Talkies, Koppal 583231
Oa, Koppal, Karnataka
Contact
+918539220919MICR Code Structure
583
City
259
Bank
251
Branch
City code 583 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 251 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Oa
Other banks in Oa, 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 (IBKL01196SG) 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 583259251 is in the middle, and your account number is on the right.