MICR Code: 462751002

Bank: IDFC Bank Ltd
IFSC Code: Idfb0042101
MICR Code: 462751002
Address: Plot 14 Near Jain Mandir Mandideep Raisen
City: Raisen
District: Mandideep
State: Madhya 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 462751002.

  • In this case first three codes 462 is city code and it represents city Raisen.
  • Next three characters 751 represents bank IDFC Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Plot 14 Near Jain Mandir Mandideep Raisen.

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.