MICR Code: 481259301

Bank: IDBI Bank
IFSC Code: Ibkl0001555
MICR Code: 481259301
Address: Jabalpur Main Road Beside Bank Of Baroda Dindori Mp
City: Dindori
District: Dindori
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 481259301.

  • In this case first three codes 481 is city code and it represents city Dindori.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 301 represents branch. In our case branch is located at address Jabalpur Main Road Beside Bank Of Baroda Dindori Mp.

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.