MICR Code: 411259028

Bank: IDBI Bank
IFSC Code: Ibkl0000250
MICR Code: 411259028
Address: Shree Ganesh Plazashivaji Chowkhinjewadi411021
City: Pune
District: Hinjawadi
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 411259028.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 028 represents branch. In our case branch is located at address Shree Ganesh Plazashivaji Chowkhinjewadi411021.

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.