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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IDBI Bank
  4. Maharashtra
  5. Kolhapur
  6. Kolhapur
  7. MICR: 416389001

MICR Code: 416389001

Bank: IDBI Bank
IFSC Code: Ibkl0116mco
MICR Code: 416389001
Address: Shri Mahalaxmi Co- Operative Bank Ltd . Shree Bhavan', 167, B Ward, Mangalwar Peth, Kolhapur-416012
City: Kolhapur
District: Kolhapur
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 416389001.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 389 represents bank IDBI Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Shri Mahalaxmi Co- Operative Bank Ltd . Shree Bhavan', 167, B Ward, Mangalwar Peth, Kolhapur-416012.

How to find micr code (for example 416389001) 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.