MICR Code: 481019301

Bank: Indian Bank
IFSC Code: Idib000d070
MICR Code: 481019301
Address: Main Road Dindori 481880
City: Dindori
District: Dindori
State: Madhya 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 481019301.

  • In this case first three codes 481 is city code and it represents city Dindori.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 301 represents branch. In our case branch is located at address Main Road Dindori 481880.

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.