MICR Code: 387019010

Bank: Indian Bank
IFSC Code: Idib000k068
MICR Code: 387019010
Address: Kanjoda Khera Dt Kheda 387115
City: Kheda
District: Kanjoda
State: Gujarat

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 387019010.

  • In this case first three codes 387 is city code and it represents city Kheda.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Kanjoda Khera Dt Kheda 387115.

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.