IDBI Dwarka Sec-
Dwarka Sec- · South Delhi, Delhi
110259099 is the MICR code for the Dwarka Sec- branch of IDBI, located in South 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 IBKL0002497.
Bank
IDBI
Branch & Address
Dwarka Sec-
Plot no 37 Aditya Enclave, Sector 23 A, New Delhi -110077
South Delhi, Delhi, Delhi
Contact
+911169297077MICR Code Structure
110
City
259
Bank
099
Branch
City code 110 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 099 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near South Delhi
Other banks in South 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 (IBKL0002497) 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 110259099 is in the middle, and your account number is on the right.