MICR Code: 411019018

Bank: Indian Bank
IFSC Code: Idib000w016
MICR Code: 411019018
Address: Sector 40, Plot No Sdc 1-2, Shop No 17,18,19 Legacy Square, Opp Kaveri Nagar Police Colony, Wakad, Pune, Maharastra, Pin-411057
City: Pune
District: Pune
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 411019018.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 018 represents branch. In our case branch is located at address Sector 40, Plot No Sdc 1-2, Shop No 17,18,19 Legacy Square, Opp Kaveri Nagar Police Colony, Wakad, Pune, Maharastra, Pin-411057.

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.