IDBI Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi
Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi · Bagalkote, Karnataka
587002254 is the MICR code for the Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi branch of IDBI, located in Bagalkote, 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 IBKL01797GB.
Bank
IDBI
Branch & Address
Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi
No 450, Mahalingapur Road, Rabkavi, Jamkhandi 587314 Bagalkot Dist
Bagalkote, Rabkavi Banhatti, Karnataka
Contact
+918353231289MICR Code Structure
587
City
002
Bank
254
Branch
City code 587 identifies the RBI clearing centre, bank code 002 identifies IDBI, and branch code 254 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Bagalkote
Other banks in Bagalkote, 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 (IBKL01797GB) 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 587002254 is in the middle, and your account number is on the right.