MICR Code: 364802051

Bank: IDBI Bank
IFSC Code: Ibkl01606bm
MICR Code: 364802051
Address: Vepar Bhavan, Tower Chowk, Botad 364710
City: Bhavnagar
District: Botad
State: Gujarat

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 364802051.

  • In this case first three codes 364 is city code and it represents city Bhavnagar.
  • Next three characters 802 represents bank IDBI Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Vepar Bhavan, Tower Chowk, Botad 364710.

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.