MICR Code: 563019502

Bank: Indian Bank
IFSC Code: Idib000b136
MICR Code: 563019502
Address: 455/1 His Roadbangarpet Kolar Karnataka-563114
City: Kolar
District: Bangarpet
State: Karnataka

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 563019502.

  • In this case first three codes 563 is city code and it represents city Kolar.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address 455/1 His Roadbangarpet Kolar Karnataka-563114.

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.