MICR Code: 831259009

Bank: IDBI Bank
IFSC Code: Ibkl0001254
MICR Code: 831259009
Address: Idbi Bank Ltd, Samrat Complex, Samrat Video, Tata- Kandra Main Road, Gamharia, Dist- Sariakela Kharswan-832108, Jharkhand
City: Paschimi Singhbhum
District: Jamshedpur
State: Jharkhand

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 831259009.

  • In this case first three codes 831 is city code and it represents city Paschimi Singhbhum.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Idbi Bank Ltd, Samrat Complex, Samrat Video, Tata- Kandra Main Road, Gamharia, Dist- Sariakela Kharswan-832108, Jharkhand.

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.