MICR Code: 758259002

Bank: IDBI Bank
IFSC Code: Ibkl0001016
MICR Code: 758259002
Address: Jagannathpur Chhaka, Opp. New Kacheri Keonjhargarh Keonjhar ┬Á Pin : 758001
City: Ludhiana
District: Ludhiana
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 758259002.

  • In this case first three codes 758 is city code and it represents city Ludhiana.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Jagannathpur Chhaka, Opp. New Kacheri Keonjhargarh Keonjhar ┬Á Pin : 758001.

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.