MICR Code: 486259101

Bank: IDBI Bank
IFSC Code: Ibkl0000449
MICR Code: 486259101
Address: Idbi Bank Ltd., Vindhay Nagar Main Road, Waidhan, Singrauli,M.P.,486886
City: Sidhi
District: Sidhi
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 486259101.

  • In this case first three codes 486 is city code and it represents city Sidhi.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Idbi Bank Ltd., Vindhay Nagar Main Road, Waidhan, Singrauli,M.P.,486886.

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.