MICR Code: 524234251

Bank: IDBI Bank
IFSC Code: Ibkl0337ncb
MICR Code: 524234251
Address: 16/245 Gandhi Nagar Nellore 524001
City: Nellore
District: Nellore
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 524234251.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 234 represents bank IDBI Bank.
  • Remaining characters which are 251 represents branch. In our case branch is located at address 16/245 Gandhi Nagar Nellore 524001.

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.