MICR Code: 411164321
| Bank: IDBI Bank |
| IFSC Code: Ibkl0250a07 |
| MICR Code: 411164321 |
| Address: Shop No 8,9 And 10, Sr No 263,A By P Shinde Vasuli, Tal Khed, Dist Pune Pincode 410501 |
| City: Pune |
| District: Pune |
| 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 411164321.
- In this case first three codes 411 is city code and it represents city Pune.
- Next three characters 164 represents bank IDBI Bank.
- Remaining characters which are 321 represents branch. In our case branch is located at address Shop No 8,9 And 10, Sr No 263,A By P Shinde Vasuli, Tal Khed, Dist Pune Pincode 410501.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.