MICR Code: 259000

Bank: IDBI Bank
IFSC Code: Ibkl0000798
MICR Code: 259000
Address: Idbi Tower, 7 Th Floor, Cuffe Parade, Mumbai-400 005
City: Greater Mumbai
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 259000.

  • In this case first three codes 259 is city code and it represents city Greater Mumbai.
  • Next three characters 000 represents bank IDBI Bank.

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.