MICR Code: 496259051

Bank: IDBI Bank
IFSC Code: Ibkl0001238
MICR Code: 496259051
Address: Chandra Raj Complex, Jaspur, Dist- Jaspur, Pin-496331, Chhattisgarh
City: Jashpur
District: Jashpurnagar
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 496259051.

  • In this case first three codes 496 is city code and it represents city Jashpur.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Chandra Raj Complex, Jaspur, Dist- Jaspur, Pin-496331, 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.