Indian Bank Yadgir
Yadgir · Yadgir, Karnataka
585019202 is the MICR code for the Yadgir branch of Indian Bank, located in Yadgir, 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 IDIB000Y007.
Bank
Indian Bank
Branch & Address
Yadgir
51197/17 First Floor Vishwanath Reddy Mudnal Complex Station Area Yadgir Station Area Yadgir PIN 585202
Yadgir, Yadgir, Karnataka
Contact
+918473250469MICR Code Structure
585
City
019
Bank
202
Branch
City code 585 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Yadgir
Other banks in Yadgir, 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 (IDIB000Y007) 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 585019202 is in the middle, and your account number is on the right.