MICR Code: 520019102

Bank: Indian Bank
IFSC Code: Idib000g023
MICR Code: 520019102
Address: Pb No. Lakshmi Mansion, Kothapet, Guntur 522001, Ap, Ph:
City: Guntur
District: Guntur
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 520019102.

  • In this case first three codes 520 is city code and it represents city Guntur.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Pb No. Lakshmi Mansion, Kothapet, Guntur 522001, Ap, Ph:.

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.