MICR Code: 401019002

Bank: Indian Bank
IFSC Code: Idib000b111
MICR Code: 401019002
Address: Ameya Park, B-1 A Navapura Road, Boisar, Thane District 401501.
City: Thane
District: Boisar
State: Maharashtra

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 401019002.

  • In this case first three codes 401 is city code and it represents city Thane.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Ameya Park, B-1 A Navapura Road, Boisar, Thane District 401501..

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.