MICR Code: 530469002

Bank: IDBI Bank
IFSC Code: Ibkl0031vcb
MICR Code: 530469002
Address: Town Kotha Road, Visakhapatnam -530001
City: Vishakhapatnam
District: Visakhapatnam
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 530469002.

  • In this case first three codes 530 is city code and it represents city Vishakhapatnam.
  • Next three characters 469 represents bank IDBI Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Town Kotha Road, Visakhapatnam -530001.

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.