MICR Code: 534259202

Bank: IDBI Bank
IFSC Code: Ibkl0001019
MICR Code: 534259202
Address: Sri Manikanta Residency, Upper Ground Floor, Tanuku- Undrajavarem Road, Palangi -534216
City: West Godavari
District: Tanuku
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 534259202.

  • In this case first three codes 534 is city code and it represents city West Godavari.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Sri Manikanta Residency, Upper Ground Floor, Tanuku- Undrajavarem Road, Palangi -534216.

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.