MICR Code: 416390326

Bank: IDBI Bank
IFSC Code: Ibkl0617s48
MICR Code: 416390326
Address: 1 St Floor,S T Bus Stand Kankawali, Dist Sindhudurg416602
City: Sindhudurg
District: Kankavli
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 416390326.

  • In this case first three codes 416 is city code and it represents city Sindhudurg.
  • Next three characters 390 represents bank IDBI Bank.
  • Remaining characters which are 326 represents branch. In our case branch is located at address 1 St Floor,S T Bus Stand Kankawali, Dist Sindhudurg416602.

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.