IDBI Osmanabad
Osmanabad · Osmanabad, Maharashtra
413259127 is the MICR code for the Osmanabad branch of IDBI, located in Osmanabad, 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 IBKL0001458.
Bank
IDBI
Branch & Address
Osmanabad
Garad Building, Sambhaji Nagar, Osmanabad
Osmanabad, Osmanabad, Maharashtra
Contact
+919011478866MICR Code Structure
413
City
259
Bank
127
Branch
City code 413 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 127 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Osmanabad
Other banks in Osmanabad, 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 (IBKL0001458) 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 413259127 is in the middle, and your account number is on the right.