MICR Code: 171259003

Bank: IDBI Bank
IFSC Code: Ibkl0001481
MICR Code: 171259003
Address: Bells Inst Of Mgnt And Tech, Knowledge City, Meheli, Shimla 171009
City: Simla
District: Simla
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 171259003.

  • In this case first three codes 171 is city code and it represents city Simla.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Bells Inst Of Mgnt And Tech, Knowledge City, Meheli, Shimla 171009.

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.