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IDBI Kamothe

Kamothe · Raigad, Maharashtra

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400259093

400259093 is the MICR code for the Kamothe branch of IDBI, located in Raigad, 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 IBKL0001043.

Bank

IDBI

Branch & Address

Kamothe

Shop No. 5-8, Moreshwar Heights, Plot no 9a, Sector -34 , Kamothe, Navi Mumbai, Maharashtra -410209

Raigad, Kamothe, Maharashtra

Contact

+919930663047

Codes for this Branch

MICR (cheques)

400259093

IFSC (online transfers)

IBKL0001043

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MICR Code Structure

400

City

259

Bank

093

Branch

City code 400 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 093 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other IDBI branches near Raigad

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 (IBKL0001043) 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 400259093 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0001043