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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IDBI Bank
  4. Maharashtra
  5. Satara
  6. Satara
  7. MICR: 415823001

MICR Code: 415823001

Bank: IDBI Bank
IFSC Code: Ibkl0451jmb
MICR Code: 415823001
Address: Rajdhani Towers,329, Yadogopal Peth, Rajwada Satara
City: Satara
District: Satara
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 415823001.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 823 represents bank IDBI Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Rajdhani Towers,329, Yadogopal Peth, Rajwada Satara.

How to find micr code (for example 415823001) 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.