MICR Code: 781019501

Bank: Indian Bank
IFSC Code: Idib000b119
MICR Code: 781019501
Address: Aswini Trade Centre, Durgabari Road, Barpeta Road- 781315, Assam
City: Barpeta
District: Barpeta
State: Assam

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 781019501.

  • In this case first three codes 781 is city code and it represents city Barpeta.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Aswini Trade Centre, Durgabari Road, Barpeta Road- 781315, Assam.

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.