MICR Code: 623259002
| Bank: IDBI Bank |
| IFSC Code: Ibkl0001623 |
| MICR Code: 623259002 |
| Address: No 64, Pandirajan Complex, Swami Vivekanand Street, Ramanathapuram 623501 |
| City: Ramanathapuram |
| District: Ramanathapuram |
| State: Tamil Nadu |
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 623259002.
- In this case first three codes 623 is city code and it represents city Ramanathapuram.
- Next three characters 259 represents bank IDBI Bank.
- Remaining characters which are 002 represents branch. In our case branch is located at address No 64, Pandirajan Complex, Swami Vivekanand Street, Ramanathapuram 623501.
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.