IDBI Currency Chest Ahmedabad
Currency Chest Ahmedabad · Ahmedabad, Gujarat
974259974 is the MICR code for the Currency Chest Ahmedabad branch of IDBI, located in Ahmedabad, Gujarat. 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 IBKL0000974.
Bank
IDBI
Branch & Address
Currency Chest Ahmedabad
Idbi Bank Ltd, Cg Road, Ahmedabad, Idbi Complex, Lal Bunglow, Off Cg Road, Ahmedabad 380006
Ahmedabad, Ahmedabad, Gujarat
Contact
+917966072635MICR Code Structure
974
City
259
Bank
974
Branch
City code 974 identifies the RBI clearing centre, bank code 259 identifies IDBI, and branch code 974 identifies this specific branch.
Online Payment Methods Supported
Other IDBI branches near Ahmedabad
Other banks in Ahmedabad, Gujarat
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 (IBKL0000974) 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 974259974 is in the middle, and your account number is on the right.