MICR Code: 480259502

Bank: IDBI Bank
IFSC Code: Ibkl0001921
MICR Code: 480259502
Address: Adno-12, Kabadiya, Gaminfontofkishiupajmandi, Distict- Chhindaa(M.P.) Pin480001
City: Chhindwara
District: Chhindwara
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 480259502.

  • In this case first three codes 480 is city code and it represents city Chhindwara.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Adno-12, Kabadiya, Gaminfontofkishiupajmandi, Distict- Chhindaa(M.P.) Pin480001.

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.