MICR Code: 305259027
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 305259027.
- In this case first three codes 305 is city code and it represents city Ajmer.
- Next three characters 259 represents bank IDBI Bank.
- Remaining characters which are 027 represents branch. In our case branch is located at address Idbi Bank Ltd, Modi City Center, Ground Floor, Plot Number 8/11 Roop Bani Cinema Marg, Beawar- 305901 Rajasthan.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.