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  3. IDBI Bank
  4. Maharashtra
  5. Bid
  6. Bid
  7. MICR: 431390302

MICR Code: 431390302

Bank: IDBI Bank
IFSC Code: Ibkl0617s45
MICR Code: 431390302
Address: S T Divisional Office, Ground Floor Beed431122
City: Bid
District: Bid
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 431390302.

  • In this case first three codes 431 is city code and it represents city Bid.
  • Next three characters 390 represents bank IDBI Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address S T Divisional Office, Ground Floor Beed431122.

How to find micr code (for example 431390302) 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.