MICR Code: 530019003

Bank: Indian Bank
IFSC Code: Idib000s118
MICR Code: 530019003
Address: 50-81-3/A, Main Roadseethammapeta Visakhapatnam 530016
City: Vishakapatnam
District: Visakhapatnam
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 530019003.

  • In this case first three codes 530 is city code and it represents city Vishakapatnam.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address 50-81-3/A, Main Roadseethammapeta Visakhapatnam 530016.

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.