MICR Code: 695180802
| Bank: IDBI Bank |
| IFSC Code: Ibkl0046t12 |
| MICR Code: 695180802 |
| Address: Palode P.O., Pin 695 562 |
| City: Thiruvananthapuram |
| District: Palode |
| 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 695180802.
- In this case first three codes 695 is city code and it represents city Thiruvananthapuram.
- Next three characters 180 represents bank IDBI Bank.
- Remaining characters which are 802 represents branch. In our case branch is located at address Palode P.O., Pin 695 562.
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.