MICR Code: 491019001

Bank: Indian Bank
IFSC Code: Idib000r075
MICR Code: 491019001
Address: Ratanbhawan, Jaistmbh Chowk, Rajnandgaon, Chhatishgarh-491441.
City: Rajnandgaon
District: Rajnandgaon
State: Chandigarh

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 491019001.

  • In this case first three codes 491 is city code and it represents city Rajnandgaon.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Ratanbhawan, Jaistmbh Chowk, Rajnandgaon, Chhatishgarh-491441..

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.