MICR Code: 445810503

Bank: IDBI Bank
IFSC Code: Ibkl0041y05
MICR Code: 445810503
Address: Bank Of Maharashtra Chowk, Hyderabad Road, Wani
City: Yavatmal
District: Wani
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 445810503.

  • In this case first three codes 445 is city code and it represents city Yavatmal.
  • Next three characters 810 represents bank IDBI Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Bank Of Maharashtra Chowk, Hyderabad Road, Wani.

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.