MICR Code: 411259031

Bank: IDBI Bank
IFSC Code: Ibkl0000769
MICR Code: 411259031
Address: Shop No. 10 To 14, Sun Shree Woods, Nibm Road, Kondhwa, Pune- 411048
City: Pune
District: Kondhave Khurd
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 411259031.

  • 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 031 represents branch. In our case branch is located at address Shop No. 10 To 14, Sun Shree Woods, Nibm Road, Kondhwa, Pune- 411048.

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.