MICR Code: 517259682

Bank: IDBI Bank
IFSC Code: Ibkl0001245
MICR Code: 517259682
Address: Idbi Bank Ltd, D. No : 13-87, Avc Building, Madapalli Road, Palamner-517408.
City: Chittoor
District: Palamaner
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 517259682.

  • In this case first three codes 517 is city code and it represents city Chittoor.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 682 represents branch. In our case branch is located at address Idbi Bank Ltd, D. No : 13-87, Avc Building, Madapalli Road, Palamner-517408..

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.