IDBI Faridkot
Faridkot · Faridkot, Punjab
151259602 is the MICR code for the Faridkot branch of IDBI, located in Faridkot, 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 IBKL0000395.
Bank
IDBI
Branch & Address
Faridkot
Lalchandandsonsopp Sainik Rest House Talawandi Rd Faridkotpin 151203
Faridkot, Faridkot, Punjab
Contact
+919872621492MICR Code Structure
151
City
259
Bank
602
Branch
City code 151 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 602 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Faridkot
Other banks in Faridkot, 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 (IBKL0000395) 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 151259602 is in the middle, and your account number is on the right.