MICR Code: 575301001

Bank: IDBI Bank
IFSC Code: Ibkl0078mcc
MICR Code: 575301001
Address: St Aloysius College Road, Hampanakatta, Mangalore -575 001
City: Dakshin Kannad
District: Mangalore
State: Kerala

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 575301001.

  • In this case first three codes 575 is city code and it represents city Dakshin Kannad.
  • Next three characters 301 represents bank IDBI Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address St Aloysius College Road, Hampanakatta, Mangalore -575 001.

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.