MICR Code: 431886052
| Bank: IDBI Bank |
| IFSC Code: Ibkl0041y32 |
| MICR Code: 431886052 |
| Address: Aasha Arcade Ground Floor, Durga Mata Mandir Road, Near Mishan Hospital |
| City: Jalna |
| District: Jalna |
| 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 431886052.
- In this case first three codes 431 is city code and it represents city Jalna.
- Next three characters 886 represents bank IDBI Bank.
- Remaining characters which are 052 represents branch. In our case branch is located at address Aasha Arcade Ground Floor, Durga Mata Mandir Road, Near Mishan Hospital.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.