What is the IFSC code for MICR 422259501?

The IFSC code for IDBI Rajapur branch (MICR: 422259501) is IBKL0001233. 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 (422) represent the city/clearing centre, the next 3 digits (259) identify the bank, and the last 3 digits (501) identify the specific branch. For 422259501, the city code is 422, bank code is 259, and branch code is 501.

IDBI Rajapur

Q: Which bank does MICR code 422259501 belong to?

MICR code 422259501 belongs to IDBI, Rajapur branch, located at S no 199 13, a P Rajapur, Tal Sangamner, Dist Ahmednagar PIN 422605, Ahmadnagar, Maharashtra. The corresponding IFSC code is IBKL0001233.

Rajapur · Ahmadnagar, Maharashtra

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422259501

422259501 is the MICR code for the Rajapur branch of IDBI, located in Ahmadnagar, 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 IBKL0001233.

Bank

IDBI

Branch & Address

Rajapur

S no 199 13, a P Rajapur, Tal Sangamner, Dist Ahmednagar PIN 422605

Ahmadnagar, Sangamner, Maharashtra

Contact

+919689895162

Codes for this Branch

MICR (cheques)

422259501

IFSC (online transfers)

IBKL0001233

View

MICR Code Structure

422

City

259

Bank

501

Branch

City code 422 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 501 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other IDBI branches near Ahmadnagar

Akola Ahmadnagar, Maharashtra IBKL0001827 Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch Ahmadnagar, Maharashtra IBKL0250A08 Chandrapur Ahmadnagar, Maharashtra IBKL0001415 Dhandarphal Bk Ahmadnagar, Maharashtra IBKL0001828 Karegaon Ahmadnagar, Maharashtra IBKL0001310 Kolhar Ahmadnagar, Maharashtra IBKL0001414

Other banks in Ahmadnagar, Maharashtra

Ahmednagar ZPSS Bank 14 branches AU Small Finance Bank 5 branches Axis Bank 20 branches Bandhan Bank 2 branches Bank of Baroda 26 branches Bank of Maharashtra 2 branches Canara Bank 17 branches Catholic Syrian Bank 3 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 (IBKL0001233) 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 422259501 is in the middle, and your account number is on the right.

View full branch details for IFSC IBKL0001233