IDFC FIRST Bank Hyderabad-kothapet Branch
Hyderabad-kothapet Branch · Rangareddy, Telangana
500751021 is the MICR code for the Hyderabad-kothapet Branch branch of IDFC FIRST Bank, located in Rangareddy, Telangana. 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 IDFB0081803.
Bank
IDFC FIRST Bank
Branch & Address
Hyderabad-kothapet Branch
Ground Floor, Door No. 11-9-11, Ward No.11, Block No.9, Laxmi Nagar Colony, Kothapet, Saroor Nagar Village, Saroor Nagar Mandal, Ranga Reddy District, Hyderabad, Telangana-500035, Tollfree No-18602582000
Rangareddy, Hyderabad, Telangana
MICR Code Structure
500
City
751
Bank
021
Branch
City code 500 identifies the RBI clearing centre, bank code 751 identifies IDFC FIRST Bank, and branch code 021 identifies this specific branch.
Online Payment Methods Supported
Other IDFC FIRST Bank branches near Rangareddy
Other banks in Rangareddy, Telangana
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 (IDFB0081803) 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 500751021 is in the middle, and your account number is on the right.