MICR Code: 400073001

Bank: IDBI Bank
IFSC Code: Ibkl0452jsb
MICR Code: 400073001
Address: The Jain Sahkari Bank Ltd., Hira Baug, C.P. Tank, Mumbai-400004
City: Greater Bombay
District: Mumbai
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 400073001.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 073 represents bank IDBI Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address The Jain Sahkari Bank Ltd., Hira Baug, C.P. Tank, Mumbai-400004.

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.