MICR Code: 524019642

Bank: Indian Bank
IFSC Code: Idib000k194
MICR Code: 524019642
Address: Krishnapatnam Port, Mandal Mutthkur, Nellore District 524344
City: Chittoor
District: Chittoor
State: Andhra 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 524019642.

  • In this case first three codes 524 is city code and it represents city Chittoor.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 642 represents branch. In our case branch is located at address Krishnapatnam Port, Mandal Mutthkur, Nellore District 524344.

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.