MICR Code: 147259102

Bank: IDBI Bank
IFSC Code: Ibkl0000234
MICR Code: 147259102
Address: Punjab Steel Forging & Agro Industriesg. T. Roadnational Highway-1 Mandi Gobindgarh Fatehgarh Sahibpunjab147301
City: Fatehgarh Saheb
District: Gobind Garh
State: Punjab

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 147259102.

  • In this case first three codes 147 is city code and it represents city Fatehgarh Saheb.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Punjab Steel Forging & Agro Industriesg. T. Roadnational Highway-1 Mandi Gobindgarh Fatehgarh Sahibpunjab147301.

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.