What is the IFSC code for MICR 411164321?

The IFSC code for IDBI Annasaheb Magar Sahkari Bank branch (MICR: 411164321) is IBKL0250A07. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (411) represent the city/clearing centre, the next 3 digits (164) identify the bank, and the last 3 digits (321) identify the specific branch. For 411164321, the city code is 411, bank code is 164, and branch code is 321.

IDBI Annasaheb Magar Sahkari Bank

Q: Which bank does MICR code 411164321 belong to?

MICR code 411164321 belongs to IDBI, Annasaheb Magar Sahkari Bank branch, located at Shop no 8, 9 and 10, Sr no 263, a by P Shinde Vasuli, Tal Khed, Dist Pune Pincode 410501, Pune, Maharashtra. The corresponding IFSC code is IBKL0250A07.

Annasaheb Magar Sahkari Bank · Pune, Maharashtra

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411164321

411164321 is the MICR code for the Annasaheb Magar Sahkari Bank branch of IDBI, located in Pune, 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 IBKL0250A07.

Bank

IDBI

Branch & Address

Annasaheb Magar Sahkari Bank

Shop no 8, 9 and 10, Sr no 263, a by P Shinde Vasuli, Tal Khed, Dist Pune Pincode 410501

Pune, Pune, Maharashtra

Contact

+919096008924

Codes for this Branch

MICR (cheques)

411164321

IFSC (online transfers)

IBKL0250A07

View

MICR Code Structure

411

City

164

Bank

321

Branch

City code 411 identifies the RBI clearing centre, bank code 164 identifies IDBI, and branch code 321 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Pune

Alephata Pune, Maharashtra IBKL0001783 Annasaheb Magar Sahakari Bank LTD Bhosari Pune, Maharashtra IBKL0250A10 Annasaheb Magar Sahkari Bank Maryadit Akurdi Branch Pune, Maharashtra IBKL0250A06 Annasaheb Magar Sahkari Bank Maryadit Chakan Branch Pune, Maharashtra IBKL0250A02 Annasaheb Magar Sahkari Bank Maryadit Chikhali Pradhikaran Branch Pune, Maharashtra IBKL0250A03 Annasaheb Magar Sahkari Bank Maryadit Dighi Pune, Maharashtra IBKL0250A09

Other banks in Pune, Maharashtra

Abhyudaya Co-operative Bank 12 branches Ahmednagar Merchants Co-operative Bank 3 branches Ajara Urban Co-operative Bank 2 branches Ambarnath Jai-hind Co-operative Bank 2 branches Ankola Urban Co-operative Bank 1 branch Apna Sahakari Bank 1 branch AU Small Finance Bank 19 branches Axis Bank 124 branches

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 (IBKL0250A07) 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 411164321 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0250A07