MICR Code: 413259605

Bank: IDBI Bank
IFSC Code: Ibkl0001830
MICR Code: 413259605
Address: Property No 306/308/1 Tulshiram Sankulmain Road Ausa
City: Latur
District: Ausa
State: Maharashtra

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 413259605.

  • In this case first three codes 413 is city code and it represents city Latur.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 605 represents branch. In our case branch is located at address Property No 306/308/1 Tulshiram Sankulmain Road Ausa.

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.