1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IDBI Bank
  4. Andhra Pradesh
  5. Amirpet
  6. Rangareddy
  7. MICR: 500259009

MICR Code: 500259009

Bank: IDBI Bank
IFSC Code: Ibkl0000426
MICR Code: 500259009
Address: Bandari Complex, Ameerpet ┬Û Sanathnagar Main Road, Hyderabad ┬Û 500 038
City: Rangareddy
District: Amirpet
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 500259009.

  • In this case first three codes 500 is city code and it represents city Rangareddy.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Bandari Complex, Ameerpet ┬Û Sanathnagar Main Road, Hyderabad ┬Û 500 038.

How to find micr code (for example 500259009) from bank account number?

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.