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IDBI Specialized Corporate Branch Bandra East Bkc

Specialized Corporate Branch Bandra East Bkc · Mumbai, Maharashtra

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400259112

400259112 is the MICR code for the Specialized Corporate Branch Bandra East Bkc branch of IDBI, 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 IBKL0002504.

Bank

IDBI

Branch & Address

Specialized Corporate Branch Bandra East Bkc

Idbi Bank Limited Sebi Bhawan Ii Ground Floor Plot no C 7 G Block Opp Nse Buiding Bandra East Bkc Mumbai 400051

Mumbai, Mumbai, Maharashtra

Contact

+919826976032

Codes for this Branch

MICR (cheques)

400259112

IFSC (online transfers)

IBKL0002504

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MICR Code Structure

400

City

259

Bank

112

Branch

City code 400 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 112 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other IDBI branches near Mumbai

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 (IBKL0002504) 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 400259112 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0002504