MICR Code: 451259501

Bank: IDBI Bank
IFSC Code: Ibkl0001231
MICR Code: 451259501
Address: Idbi Bank, Sol Id (1231) Village Dhakalgaon, Bhikangaon Main Road, Tehsil Sanawad, Dist Khargone Madhya Pradesh
City: West Nimar
District: Khargone
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 451259501.

  • In this case first three codes 451 is city code and it represents city West Nimar.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Idbi Bank, Sol Id (1231) Village Dhakalgaon, Bhikangaon Main Road, Tehsil Sanawad, Dist Khargone Madhya Pradesh.

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.