MICR Code: 506259202

Bank: IDBI Bank
IFSC Code: Ibkl0001682
MICR Code: 506259202
Address: H No 2 7 199, Hyderabad Road, Jangaon 506167
City: Warangal
District: Jangaon
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 506259202.

  • In this case first three codes 506 is city code and it represents city Warangal.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address H No 2 7 199, Hyderabad Road, Jangaon 506167.

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.