MICR Code: 571259152

Bank: IDBI Bank
IFSC Code: Ibkl0000914
MICR Code: 571259152
Address: Bhagath's Building, No.7/13, College Road, Madikeri- 571201.
City: Kodagu
District: Madikeri
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 571259152.

  • In this case first three codes 571 is city code and it represents city Kodagu.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 152 represents branch. In our case branch is located at address Bhagath's Building, No.7/13, College Road, Madikeri- 571201..

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.