MICR Code: 495259003

Bank: IDBI Bank
IFSC Code: Ibkl0001237
MICR Code: 495259003
Address: Sri Shankar Lal Agrawal Parisar, Nutan Chowk, Sarkonda, Bilaspur-495001, Chhattisgarh
City: Bilaspur
District: Bilaspur
State: Chandigarh

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 495259003.

  • In this case first three codes 495 is city code and it represents city Bilaspur.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Sri Shankar Lal Agrawal Parisar, Nutan Chowk, Sarkonda, Bilaspur-495001, Chhattisgarh.

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.