MICR Code: 460259001

Bank: IDBI Bank
IFSC Code: Ibkl0001553
MICR Code: 460259001
Address: Krishna Complex, Gurudwara Road, Civil Lines, Betul
City: Betul
District: Betul
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 460259001.

  • In this case first three codes 460 is city code and it represents city Betul.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Krishna Complex, Gurudwara Road, Civil Lines, Betul.

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.