MICR Code: 515259202

Bank: IDBI Bank
IFSC Code: Ibkl0001795
MICR Code: 515259202
Address: D. No.16-376, Market Street, Opposite Church, Dharmavaram-515671, Anantapur District
City: Anantapur
District: Dharmavaram
State: Andhra 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 515259202.

  • In this case first three codes 515 is city code and it represents city Anantapur.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address D. No.16-376, Market Street, Opposite Church, Dharmavaram-515671, Anantapur District.

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.