IDBI Shree Tukaram Cooperative Bank LTD Shahpur Belagavi HO
Shree Tukaram Cooperative Bank LTD Shahpur Belagavi HO · Belagavi, Kerala
590801002 is the MICR code for the Shree Tukaram Cooperative Bank LTD Shahpur Belagavi HO branch of IDBI, located in Belagavi, Kerala. 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 IBKL0101STC.
Bank
IDBI
Branch & Address
Shree Tukaram Cooperative Bank LTD Shahpur Belagavi HO
To5383muiipalo272mahatmaphuleroadhahpurbelagavi590003
Belagavi, Belagavi, Kerala
Contact
+918312428529MICR Code Structure
590
City
801
Bank
002
Branch
City code 590 identifies the RBI clearing centre, bank code 801 identifies IDBI, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Belagavi
Other banks in Belagavi, Kerala
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 (IBKL0101STC) 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 590801002 is in the middle, and your account number is on the right.