Krungthai Bank IFSC Code and MICR Code

Find Krungthai Bank IFSC Code, MICR Code and branch details for NEFT, RTGS & IMPS transactions.

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Krungthai Bank IFSC Code, MICR Code and SWIFT Code

Krung Thai Bank PCL or KTB is a government-controlled bank in Thailand. The bank has branches in different countries, including India. The Indian branch is located in Mumbai, Maharashtra. We'll read more about banking codes and Krungthai Bank IFSC Code in this post. 

IFSC code is a unique and distinct code allotted by RBI to identify every bank branch in the country. The IFSC code facilitates online transactions such as NEFT, RTGS, etc. You ought to know the IFSC code of the bank branch to send money online to an account with the branch. 

SWIFT codes are international codes used to carry out wire transfers between bank accounts in different countries. The MICR code recognizes and validates cheques in the Electronic Clearing System. Read on to know the banking codes of Krung Thai Bank, how to find the codes, and ways to transfer money online. 

Krungthai Bank IFSC Code


ISFC is short for Indian Financial System Code, an 11-character unique code allotted to every bank branch in India. The RBI (Reserve Bank of India) assigns the IFSC codes to banks and their branches for easy identification. The IFSC codes facilitate online fund transfers between accounts. 

The IFSC code is a string of alphabets and numbers. The first four characters are alphabets and denote the bank code. The fifth character is zero (0). The remaining six characters are alphanumeric and denote the branch code. 

The Krungthai Bank, Maker Chambers Nariman Point Branch IFSC Code is KRTH0INBB01. There is only one KTB branch in India. It is located at 62 Maker Chambers VI, Nariman Point, Mumbai, Maharashtra.

In the IFSC code, KRTH is the bank code for Krung Thai Bank. INBB01 is the branch code for the one located in Mumbai. The IFSC code initiates and helps process online monetary transactions between two bank accounts. You need the IFSC code to send money through NEFT, RTGS, or IMPS. The code removes discrepancies in the funds' transfer process. 

What if you use the wrong IFSC code? Using an incorrect IFSC code can lead to different results. If the account number is correct but the code is for another branch, the transaction may still be successful. If the IFSC code belongs to a different bank, the transaction might fail. Your account will get the money back in a few working days. 

Krungthai Bank MICR Code

The Magnetic Ink Character Recognition or MICR code is a 9-digit identification number for cheques. The MICR code appears at the bottom of the cheques using the MICR technology. This code is also assigned by the RBI and is used to validate the authenticity of cheques and speed up the Electronic Clearing System (ECS). 

The MICR code is printed on the cheques, first page of the cheque book, passbook, websites, and mobile app of the bank. The MICR code is divided into three parts: 

  • The first three digits represent the city code
  • The further three digits represent the bank code 
  • The last three digits represent the branch code 

Unlike the IFSC code, MICR codes are not available for every bank branch. Some branches do not have MICR codes. In such cases, the cheques transactions are processed manually and take more time. For example, we can find the Krungthai Bank IFSC Code but the MICR code is not available. 

Krungthai Bank SWIFT Code


While the IFSC code is used for online financial transactions between bank accounts, the SWIFT code is an acronym for international transactions. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication and is a universal code used to identify banks from across the globe. 

In some countries, the SWIFT code is also known as a Bank Identifier Code (BIC). The SWIFT code can have 8 or 11 characters and is unique for each bank. The SWIFT Code is divided into three or four parts. 

The first four characters denote the bank code. The next two characters denote the country code. The next two characters (alphanumerical) are the location code. The last three characters denote the branch code and are optional. Let's take the SWIFT code for Krungthai Bank as an example.

The SWIFT code is KRTHTHBK for the bank branch at 35 Sukhumvit Road, Bangkok city, Thailand. Here, 

  • KRTH represents bank code (Krungthai Bank)
  • TH represents country code (Thailand)
  • BK represents location code (Bangkok) 

The format for SWIFT or BIC codes is approved by ISO (International Standard Organization). 

How to Find the IFSC Code & MICR Code of the Krungthai Bank?


How can you find the IFSC, MICR, or SWIFT code for a bank branch? There are different ways to find the codes online and offline. Let's take a look: 

Online Search Tools 

The easiest way to find the Krungthai Bank IFSC Code is by searching the internet. Find Your Bank is a free website where you can find the IFSC code of a bank branch along with other information such as the MICR and SWIFT codes, address, phone number, etc.

Open the website using the link:

There is a simple form on the home page. You need to select the details from the drop-down list. The page will automatically refresh after each selection. 

  • First, select the bank name- Krungthai Bank. 
  • Then select the state where the branch is located- Maharashtra.
  • Now select the district from the drop-down menu- Mumbai 
  • Finally, choose the branch/ location- Mumbai.

The details about the bank branch will be displayed on the screen. You can click on the codes to copy and use them for online money transfers. Find Your Bank is also available as a mobile app

Krungthai Bank Passbook

The bank provides every account holder with a passbook to print the account information and transaction details. The first page of the passbook has details about the account holder, such as the name, account number, customer ID, and contact information. 

The first page also has details about the bank branch, such as the bank name, branch address, branch code, IFSC code, MICR code, etc. 

Krungthai Bank Cheque Book 

The first page of the cheque book has the account number, IFSC code, MICR code, account holder's name, and other information. The codes are also printed on individual cheques. The IFSC code is printed at the top of the cheque. The MICR code is printed at the bottom of the cheque beside the cheque number. 

Krungthai NEXT Mobile App 

Krungthai Bank has a mobile app named Krungthai NEXT. You can get the IFSC, MICR, and SWIFT codes from the mobile app and the bank's official website. 

Contact Customer Care

Another easy way to find the bank codes is by calling customer care of the bank. Get the customer care or the branch's phone number from the official website or passbook. 

How to Transfer Money through NEFT, RTGS & IMPS?


Online money transfer has made financial transactions simpler and easier. You can send money to any person or account through different online money transfer methods. Krungthai Bank offers different wire transfer methods such as NEFT, RTGS, IMPS, etc. 

National Electronic Fund Transfer (NEFT)

NEFT or National Electronic Fund Transfer is the most popular online method to transfer money from one account to another. It runs the Deferred Net Settlement system (DNS) and clears the transactions in batches. It might take around two or three hours for the NEFT payment to be credited to the beneficiary's account. 

Transactions are not subject to a minimum or maximum limit. You can send money through NEFT at any point in time. The service charges or transaction fee is calculated based on the amount per transaction and ranges between Rs. 2.50 and Rs. 25 plus service tax. To send money to a person with a Krungthai Bank account, you need the Krungthai Bank IFSC Code. 

Here's what you need to make an NEFT payment: 

  • Beneficiary account number 
  • Beneficiary bank name 
  • Beneficiary bank IFSC code 
  • Amount to transfer to the beneficiary 
  • Beneficiary name (optional)

You have to log in to your net banking account to send money through NEFT. You can also visit the bank branch for the same. 

Real-Time Gross Settlement (RTGS)

RTGS, or Real-Time Gross Settlement, is a real-time online payment system to transfer huge amounts without delay. RTGS payments are also domestic transactions and are used for emergencies or to send large amounts at once. 

There is no maximum limit for RTGS, though the minimum transaction amount is Rs. 2 lakhs. RTGS payments are instantly processed but cannot be reversed once initiated. The transaction fees for RTGS payments are slightly higher than NEFT charges. 

  • Transaction fee for amount between Rs. 2 lakh and Rs. 5 lakh- Rs. 20+tax 
  • Transaction fee for amounts higher than Rs. 5 lakh- Rs. 45+tax 

RTGS needs the same documents/ information as NEFT payments. 

Immediate Payment Service (IMPS)

Immediate Payment Service or IMPS is an instant money transfer service that can be used 24*7. IMPS requires either the IFSC code of the bank or the MMID Mobile Money Identifier of the beneficiary. 

The minimum limit for an IMPS transaction is Re. 1, and the maximum limit is Rs. 2 lakhs. A beneficiary's account will be credited instantly. The charges for IMPS vary from one bank to another. However, they cannot charge more than Rs. 25 (plus tax) as a transaction fee. 

Here's what you need for an IMPS transfer: 

  • MMID of the sender
  • MMID of the beneficiary 
  • Beneficiary bank's IFSC code (optional)
  • Beneficiary bank account number 
  • Beneficiary AADHAR number 
  • Sender's mobile number 
  • Amount to be transferred

SWIFT Payment

SWIFT payments are used to send money to international bank accounts. The network is used for personal and business money transfers. There are no minimum or maximum SWIFT transaction limits. 

The transaction fee applies to the sender and receiver. The amount varies for both parties and is decided by the banks. The transaction charges for Krungthai Bank are calculated in Thailand's currency (Baht) and are converted to other currencies. SWIFT payments require the SWIFT code of the beneficiary's bank.

About the Krungthai Bank


Krungthai Bank is officially known as Krungthai Bank Public Company Limited or KTB. It is a state-owned bank licensed by the Ministry of Finance in Thailand. The bank was founded in 1966 and had its headquarters in Watthana, Bangkok. KTB was a result of a merger between two government-owned banks, Kaset Bank and Monton Bank. 

It is the largest bank in Thailand and one of the four banks controlled by the government. Krungthai Bank has close to 500 branches in Thailand, with almost 100 in Bangkok alone. KTB also has operations in India, China, Laos, Singapore, Myanmar, Cambodia, and the UK. The bank was partially privatized in 2004 by listing 27% of its stock on the Thailand Stock Exchange. However, it is still a government-controlled bank in Thailand. 

Frequently Asked Questions

1) Where is Krung Thai Bank located?

Krung Thai Bank is located in Thailand, with its headquarters in Wattana, Bangkok. The bank has around 500 branches within the country and a dozen other branches in different countries around the world. 

2) What is the swift code for Krung Thai Bank?

The swift code for Krungthai bank is KRTHTHBK.

3) Who owns Krung Thai?

The Thailand government's Ministry of Finance owns Krung Thai Bank. It is the largest bank in Thailand in terms of network and second-largest in terms of assets.