MICR Code: 415390201

Bank: IDBI Bank
IFSC Code: Ibkl0617s01
MICR Code: 415390201
Address: Gala No 826 By F, Nr Vireshwar Talav,S T Bus Depot, Chiplun Ratnagiri Pin415605
City: Ratnagiri
District: Chiplun
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 415390201.

  • In this case first three codes 415 is city code and it represents city Ratnagiri.
  • Next three characters 390 represents bank IDBI Bank.
  • Remaining characters which are 201 represents branch. In our case branch is located at address Gala No 826 By F, Nr Vireshwar Talav,S T Bus Depot, Chiplun Ratnagiri Pin415605.

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.