MICR Code: 241019504

Bank: Indian Bank
IFSC Code: Idib000g106
MICR Code: 241019504
Address: Gauri Chauraha, Rajepur, Gauri Bilgram Tehsil, Hardoi Dist, Up, Pin-241303
City: Hardoi
District: Mallawan
State: Uttar 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 241019504.

  • In this case first three codes 241 is city code and it represents city Hardoi.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 504 represents branch. In our case branch is located at address Gauri Chauraha, Rajepur, Gauri Bilgram Tehsil, Hardoi Dist, Up, Pin-241303.

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.