Indian Bank Caltax Chowk Angul
Caltax Chowk Angul · Angul, Odisha
759019103 is the MICR code for the Caltax Chowk Angul branch of Indian Bank, located in Angul, Odisha. 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 IDIB000A636.
Bank
Indian Bank
Branch & Address
Caltax Chowk Angul
Ground Floor Hotel Ashray Umashankar Bazar Turanga Nh 55 Ptc Chowk Angul Angul PIN 759123
Angul, Angul, Odisha
Contact
+918509323688MICR Code Structure
759
City
019
Bank
103
Branch
City code 759 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 103 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Angul
Other banks in Angul, Odisha
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 (IDIB000A636) 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 759019103 is in the middle, and your account number is on the right.