MICR Code: 110240265

Bank: IDBI Bank
IFSC Code: Ibkl0729suc
MICR Code: 110240265
Address: New Sabji Mandi Near Murthal Adda Sonepat-131001
City: Sonepat
District: Sonepat
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 110240265.

  • In this case first three codes 110 is city code and it represents city Sonepat.
  • Next three characters 240 represents bank IDBI Bank.
  • Remaining characters which are 265 represents branch. In our case branch is located at address New Sabji Mandi Near Murthal Adda Sonepat-131001.

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.