IDFC FIRST Bank Idfc First Bank LTD
Idfc First Bank LTD · Sahibzada Ajit Singh Nagar, Punjab
140751002 is the MICR code for the Idfc First Bank LTD branch of IDFC FIRST Bank, located in Sahibzada Ajit Singh Nagar, Punjab. 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 IDFB0021376.
Bank
IDFC FIRST Bank
Branch & Address
Idfc First Bank LTD
Ground Floor, Paras Plaza, Ambala Chandigarh Road, Shekhpura Khurd, Derabassi, Punjab- 140507
Sahibzada Ajit Singh Nagar, Dera Bassi, Punjab
MICR Code Structure
140
City
751
Bank
002
Branch
City code 140 identifies the RBI clearing centre, bank code 751 identifies IDFC FIRST Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other IDFC FIRST Bank branches near Sahibzada Ajit Singh Nagar
Other banks in Sahibzada Ajit Singh Nagar, Punjab
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 (IDFB0021376) 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 140751002 is in the middle, and your account number is on the right.