IDBI The Bellary District Co Op Central Bank LTD HO Hospet Arasikere Branch
The Bellary District Co Op Central Bank LTD HO Hospet Arasikere Branch · Davangere, Karnataka
583801111 is the MICR code for the The Bellary District Co Op Central Bank LTD HO Hospet Arasikere Branch branch of IDBI, located in Davangere, 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 IBKL01039B8.
Bank
IDBI
Branch & Address
The Bellary District Co Op Central Bank LTD HO Hospet Arasikere Branch
Kpsudgnusdk Pp Qy Pd32
Davangere, Arasikere, Karnataka
Contact
+918394228209MICR Code Structure
583
City
801
Bank
111
Branch
City code 583 identifies the RBI clearing centre, bank code 801 identifies IDBI, and branch code 111 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Davangere
Other banks in Davangere, 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 (IBKL01039B8) 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 583801111 is in the middle, and your account number is on the right.