Krishna Bhima Samruddhi Local Area Bank Krishna Bhima Samruddhi Local Area Bank IMPS
Krishna Bhima Samruddhi Local Area Bank IMPS · Mumbai, Maharashtra
509663002 is the MICR code for the Krishna Bhima Samruddhi Local Area Bank IMPS branch of Krishna Bhima Samruddhi Local Area Bank, 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 HDFC0CKBS01.
Bank
Krishna Bhima Samruddhi Local Area Bank
Branch & Address
Krishna Bhima Samruddhi Local Area Bank IMPS
7-5-108/b/1 Venkateswara Colony
Mumbai, Mahbubnagar, Maharashtra
Contact
+918542273383Codes for this Branch
MICR (cheques)
509663002
IFSC (online transfers)
HDFC0CKBS01
SWIFT / BIC
HDFCINBB
MICR Code Structure
509
City
663
Bank
002
Branch
City code 509 identifies the RBI clearing centre, bank code 663 identifies Krishna Bhima Samruddhi Local Area Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Krishna Bhima Samruddhi Local Area Bank branches near Mumbai
Other banks in Mumbai, 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 (HDFC0CKBS01) 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 509663002 is in the middle, and your account number is on the right.