MICR Code: 491259201

Bank: IDBI Bank
IFSC Code: Ibkl0001183
MICR Code: 491259201
Address: Idbi Bank,R.K. Plaza Ground Floor Raipur Road, Kawardha-491995
City: Kawardha
District: Kawardha
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 491259201.

  • In this case first three codes 491 is city code and it represents city Kawardha.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 201 represents branch. In our case branch is located at address Idbi Bank,R.K. Plaza Ground Floor Raipur Road, Kawardha-491995.

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.