MICR Code: 491259505

Bank: IDBI Bank
IFSC Code: Ibkl0001762
MICR Code: 491259505
Address: Lanji Road, Dauchora, Ward No.16, Tehsil, Khairagarh, District Rajnandgaon, Chhattisgarh, Pin - 491881
City: Rajnandgaon
District: Khairagarh
State: Chhattisgarh

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 491259505.

  • In this case first three codes 491 is city code and it represents city Rajnandgaon.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 505 represents branch. In our case branch is located at address Lanji Road, Dauchora, Ward No.16, Tehsil, Khairagarh, District Rajnandgaon, Chhattisgarh, Pin - 491881.

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.