MICR Code: 768259302

Bank: IDBI Bank
IFSC Code: Ibkl0000746
MICR Code: 768259302
Address: Mtc Complex Bargarh, Pin-768028
City: Bargarh
District: Bargarh
State: Odisha

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 768259302.

  • In this case first three codes 768 is city code and it represents city Bargarh.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Mtc Complex Bargarh, Pin-768028.

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.