IDBI Jharkhand State Cooperative Bank Limited Rajmahal
Jharkhand State Cooperative Bank Limited Rajmahal · Sahibganj, Jharkhand
816735103 is the MICR code for the Jharkhand State Cooperative Bank Limited Rajmahal branch of IDBI, located in Sahibganj, Jharkhand. 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 IBKL063JS04.
Bank
IDBI
Branch & Address
Jharkhand State Cooperative Bank Limited Rajmahal
Behind Railway Ground, Kasim Bazar Road, Po - Rajmahal, Dist - Sahibganj, 816108
Sahibganj, Sahibganj, Jharkhand
Contact
+919801545174MICR Code Structure
816
City
735
Bank
103
Branch
City code 816 identifies the RBI clearing centre, bank code 735 identifies IDBI, and branch code 103 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Sahibganj
Other banks in Sahibganj, Jharkhand
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 (IBKL063JS04) 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 816735103 is in the middle, and your account number is on the right.