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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IDBI Bank
  4. Maharashtra
  5. Alibag
  6. Raigad
  7. MICR: 402804101

MICR Code: 402804101

Bank: IDBI Bank
IFSC Code: Ibkl0299acb
MICR Code: 402804101
Address: Alibag Co Op Urban Bank Ltd Alibag Maharshi Karve Road Alibag Raigad 402201
City: Raigad
District: Alibag
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 402804101.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 804 represents bank IDBI Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Alibag Co Op Urban Bank Ltd Alibag Maharshi Karve Road Alibag Raigad 402201.

How to find micr code (for example 402804101) from bank account number?

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.