MICR Code: 799259501

Bank: IDBI Bank
IFSC Code: Ibkl0001502
MICR Code: 799259501
Address: Ailmara Village Market Complex, Ailmara Adc Village,P.O - Barabil,P.S - Silachari
City: South Tripura
District: Silachari
State: Tripura

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 799259501.

  • In this case first three codes 799 is city code and it represents city South Tripura.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Ailmara Village Market Complex, Ailmara Adc Village,P.O - Barabil,P.S - Silachari.

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.