MICR Code: 581804404
| Bank: IDBI Bank |
| IFSC Code: Ibkl0069s08 |
| MICR Code: 581804404 |
| Address: Madhukar Building, Unnemth Road,C P Bazar, Sirsi -581 401 |
| City: Uttar Kannad |
| District: Sirsi |
| 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 581804404.
- In this case first three codes 581 is city code and it represents city Uttar Kannad.
- Next three characters 804 represents bank IDBI Bank.
- Remaining characters which are 404 represents branch. In our case branch is located at address Madhukar Building, Unnemth Road,C P Bazar, Sirsi -581 401.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.