MICR Code: 241259002

Bank: IDBI Bank
IFSC Code: Ibkl0000342
MICR Code: 241259002
Address: 417, Bahara Saudagar(E), Lucknow Road, Hardoi, Uttar Pradesh-241001
City: Hardoi
District: Hardoi
State: Uttar Pradesh

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 241259002.

  • In this case first three codes 241 is city code and it represents city Hardoi.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 417, Bahara Saudagar(E), Lucknow Road, Hardoi, Uttar Pradesh-241001.

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.