MICR Code: 301019006

Bank: Indian Bank
IFSC Code: Idib000a053
MICR Code: 301019006
Address: Station Road, Alwar, Rajasthan Pin 301001
City: Alwar
District: Alwar
State: Rajasthan

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 301019006.

  • In this case first three codes 301 is city code and it represents city Alwar.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 006 represents branch. In our case branch is located at address Station Road, Alwar, Rajasthan Pin 301001.

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.