MICR Code: 160259006

Bank: IDBI Bank
IFSC Code: Ibkl0000165
MICR Code: 160259006
Address: S.C.O:- 9-10, Fauzi Complex, Sai Road, Baddi - 173205
City: Solan
District: Baddi
State: Himachal Pradesh

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 160259006.

  • In this case first three codes 160 is city code and it represents city Solan.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 006 represents branch. In our case branch is located at address S.C.O:- 9-10, Fauzi Complex, Sai Road, Baddi - 173205.

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.