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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IDBI Bank
  4. Haryana
  5. Panchkula
  6. Panchkula
  7. MICR: 160259023

MICR Code: 160259023

Bank: IDBI Bank
IFSC Code: Ibkl0002084
MICR Code: 160259023
Address: Sco 18, Sector 16, Panchkula
City: Panchkula
District: Panchkula
State: Haryana

What is MICR Code?

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.

Details of MICR Code

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 160259023.

  • In this case first three codes 160 is city code and it represents city Panchkula.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Sco 18, Sector 16, Panchkula.

How to find micr code (for example 160259023) from bank account number?

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.