MICR Code: 473259076

Bank: IDBI Bank
IFSC Code: Ibkl0001627
MICR Code: 473259076
Address: 18, Laxmi Building, Station Road, Tulsi Park, Ashoknagar
City: Ashok Nagar
District: Ashoknagar
State: Madhya Pradesh

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 473259076.

  • In this case first three codes 473 is city code and it represents city Ashok Nagar.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 076 represents branch. In our case branch is located at address 18, Laxmi Building, Station Road, Tulsi Park, Ashoknagar.

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.