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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Bank
  4. Andhra Pradesh
  5. Nizamabad
  6. Nizamabad
  7. MICR: 503019006

MICR Code: 503019006

Bank: Indian Bank
IFSC Code: Idib000n031
MICR Code: 503019006
Address: 7-1-62 Godown Road Nizamabad 503001
City: Nizamabad
District: Nizamabad
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 503019006.

  • In this case first three codes 503 is city code and it represents city Nizamabad.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 006 represents branch. In our case branch is located at address 7-1-62 Godown Road Nizamabad 503001.

How to find micr code (for example 503019006) from bank account number?

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.