IDFC FIRST Bank Nehru Place Branch
Nehru Place Branch · South East, Delhi
110751029 is the MICR code for the Nehru Place Branch branch of IDFC FIRST Bank, located in South East, 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 IDFB0020137.
Bank
IDFC FIRST Bank
Branch & Address
Nehru Place Branch
Ground Floor, G-5-6, Satkar Building, 79-80, Nehru Place, New Delhi - 110019
South East, New Delhi, Delhi
Contact
+919990852886MICR Code Structure
110
City
751
Bank
029
Branch
City code 110 identifies the RBI clearing centre, bank code 751 identifies IDFC FIRST Bank, and branch code 029 identifies this specific branch.
Online Payment Methods Supported
Other IDFC FIRST Bank branches near South East
Other banks in South East, 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 (IDFB0020137) 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 110751029 is in the middle, and your account number is on the right.