Indian Bank New Delhi Shahadra
New Delhi Shahadra · Shahdara, Delhi
110019247 is the MICR code for the New Delhi Shahadra branch of Indian Bank, located in Shahdara, Delhi. 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 IDIB000S632.
Bank
Indian Bank
Branch & Address
New Delhi Shahadra
Building no 17 Shastri Gali Babrpur Shahdara Shahdara PIN 110032
Shahdara, Babrpur Shahdara, Delhi
Contact
+919910654280MICR Code Structure
110
City
019
Bank
247
Branch
City code 110 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 247 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Shahdara
Other banks in Shahdara, Delhi
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 (IDIB000S632) 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 110019247 is in the middle, and your account number is on the right.