MICR Code: 520259402

Bank: IDBI Bank
IFSC Code: Ibkl0000871
MICR Code: 520259402
Address: D No : 11/305-308, Siri Estates, Robertsonpet, Sivalayam Street, Machilipatnam - 521001
City: Krishna
District: Machilipatnam
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 520259402.

  • In this case first three codes 520 is city code and it represents city Krishna.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 402 represents branch. In our case branch is located at address D No : 11/305-308, Siri Estates, Robertsonpet, Sivalayam Street, Machilipatnam - 521001.

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.