PT Bank Maybank Indonesia TBK Rtgs-ho
Rtgs-ho · Mumbai, Maharashtra
400229258 is the MICR code for the Rtgs-ho branch of PT Bank Maybank Indonesia TBK, located in Mumbai, Maharashtra. 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 IBBK0000001.
Bank
PT Bank Maybank Indonesia TBK
Branch & Address
Rtgs-ho
One Indiabulls Centre, Tower 2, Wing B 702, 7th Floor, Elphinstone Road (west), Mumbai 400013
Mumbai, Mumbai, Maharashtra
Contact
+912267303411MICR Code Structure
400
City
229
Bank
258
Branch
City code 400 identifies the RBI clearing centre, bank code 229 identifies PT Bank Maybank Indonesia TBK, and branch code 258 identifies this specific branch.
Online Payment Methods Supported
Other PT Bank Maybank Indonesia TBK branches near Mumbai
Other banks in Mumbai, Maharashtra
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 (IBBK0000001) 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 400229258 is in the middle, and your account number is on the right.