MICR Code: 123259052
| Bank: IDBI Bank |
| IFSC Code: Ibkl0001679 |
| MICR Code: 123259052 |
| Address: Rewari Road, Adjacent To Sbi Branch, Near Moda Wala Mandir, Narnaul123001 Haryana |
| City: Mahendragarh |
| District: Narnaul |
| State: Haryana |
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 123259052.
- In this case first three codes 123 is city code and it represents city Mahendragarh.
- Next three characters 259 represents bank IDBI Bank.
- Remaining characters which are 052 represents branch. In our case branch is located at address Rewari Road, Adjacent To Sbi Branch, Near Moda Wala Mandir, Narnaul123001 Haryana.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.