MICR Code: 816259102

Bank: IDBI Bank
IFSC Code: Ibkl0002068
MICR Code: 816259102
Address: Union Bank Building J.N Roy Road, Mahajanpatti, Sahibganj - 816109, Jharkhand
City: Sahebganj
District: Sahibganj
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 816259102.

  • In this case first three codes 816 is city code and it represents city Sahebganj.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Union Bank Building J.N Roy Road, Mahajanpatti, Sahibganj - 816109, 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.