MICR Code: 641019023
| Bank: Indian Bank |
| IFSC Code: Idib000g059 |
| MICR Code: 641019023 |
| Address: Jayasanthi Towers1373-A Sathy Roadcoimbatore641006 |
| City: Coimbotore |
| District: Coimbatore |
| State: Tamil Nadu |
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 641019023.
- In this case first three codes 641 is city code and it represents city Coimbotore.
- Next three characters 019 represents bank Indian Bank.
- Remaining characters which are 023 represents branch. In our case branch is located at address Jayasanthi Towers1373-A Sathy Roadcoimbatore641006.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.