MICR Code: 560259029

Bank: IDBI Bank
IFSC Code: Ibkl0001620
MICR Code: 560259029
Address: No 14 , 7 Th Main, 80 Feet Road, S B Palya Extn , Banaswadi
City: Bangalore Urban
District: Bangalore
State: Karnataka

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 560259029.

  • In this case first three codes 560 is city code and it represents city Bangalore Urban.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 029 represents branch. In our case branch is located at address No 14 , 7 Th Main, 80 Feet Road, S B Palya Extn , Banaswadi.

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.