MICR Code: 583801105

Bank: IDBI Bank
IFSC Code: Ibkl0103907
MICR Code: 583801105
Address: A.P.M.C Yard Branch Bellary-583101
City: Bellary
District: Hospet
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 583801105.

  • In this case first three codes 583 is city code and it represents city Bellary.
  • Next three characters 801 represents bank IDBI Bank.
  • Remaining characters which are 105 represents branch. In our case branch is located at address A.P.M.C Yard Branch Bellary-583101.

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.