MICR Code: 524019097

Bank: Indian Bank
IFSC Code: Idib000k154
MICR Code: 524019097
Address: 11-1-5 Trunk Road Kavali 524201
City: Nellore
District: Kavali
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 524019097.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 097 represents branch. In our case branch is located at address 11-1-5 Trunk Road Kavali 524201.

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.