MICR Code: 721873302

Bank: IDBI Bank
IFSC Code: Ibkl0420mpc
MICR Code: 721873302
Address: Aligunj, Midnapur, West Bengal 721101
City: Medinipur
District: Medinipur
State: West Bengal

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 721873302.

  • In this case first three codes 721 is city code and it represents city Medinipur.
  • Next three characters 873 represents bank IDBI Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Aligunj, Midnapur, West Bengal 721101.

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.