MICR Code: 152259202

Bank: IDBI Bank
IFSC Code: Ibkl0002096
MICR Code: 152259202
Address: Gt Road Near Anaj Mandi
City: Muktsar
District: Malout
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 152259202.

  • In this case first three codes 152 is city code and it represents city Muktsar.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Gt Road Near Anaj Mandi.

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.