MICR Code: 492259014

Bank: IDBI Bank
IFSC Code: Ibkl0001707
MICR Code: 492259014
Address: B-27-7 Opp Vijeta Complex Bihaind Sai Baba Nursing Home , New Rajendra Nagar Amlidih Raipur
City: Raipur
District: Raipur
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 492259014.

  • In this case first three codes 492 is city code and it represents city Raipur.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 014 represents branch. In our case branch is located at address B-27-7 Opp Vijeta Complex Bihaind Sai Baba Nursing Home , New Rajendra Nagar Amlidih Raipur.

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.