MICR Code: 242750003

Bank: Bandhan Bank Limited
IFSC Code: Bdbl0001634
MICR Code: 242750003
Address: Ground Floor,R S Towers,165, Civil Lines, Station Road, Opp Hotel Bareilly Palace, Bareilly, Uttar Pradesh, Pin 243001
City: Bareilly
District: Moradabad
State: Uttar Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 242750003.

  • In this case first three codes 242 is city code and it represents city Bareilly.
  • Next three characters 750 represents bank Bandhan Bank Limited.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Ground Floor,R S Towers,165, Civil Lines, Station Road, Opp Hotel Bareilly Palace, Bareilly, Uttar Pradesh, Pin 243001.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.