IDBI Videocon Tower
Videocon Tower · Delhi, Delhi
110259037 is the MICR code for the Videocon Tower branch of IDBI, located in Delhi, 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 IBKL0000413.
Bank
IDBI
Branch & Address
Videocon Tower
Idbi Bank LTD , a Wing, 1st Floor, Videocon Tower, Block E1, Jhandewala Extension, New Delhi 110005
Delhi, Delhi, Delhi
Contact
+918058129296MICR Code Structure
110
City
259
Bank
037
Branch
City code 110 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 037 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Delhi
Other banks in Delhi, 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 (IBKL0000413) 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 110259037 is in the middle, and your account number is on the right.