IDBI Jhargram
Jhargram · West Medinipur, West Bengal
721259251 is the MICR code for the Jhargram branch of IDBI, located in West Medinipur, West Bengal. 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 IBKL0001941.
Bank
IDBI
Branch & Address
Jhargram
722 518and 723 520 17 , Ground Floor, Raghunathpur Hospital More Main Road , Jhargram, Dist West Medinipur, State West Bengal, PIN 721507
West Medinipur, Jhargram, West Bengal
Contact
+919051045151MICR Code Structure
721
City
259
Bank
251
Branch
City code 721 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 251 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near West Medinipur
Other banks in West Medinipur, West Bengal
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 (IBKL0001941) 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 721259251 is in the middle, and your account number is on the right.