MICR Code: 245019095

Bank: Indian Bank
IFSC Code: Idib000u009
MICR Code: 245019095
Address: Upeda Ghaziabad 245201
City: Ghaziabad
District: Upeda
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 245019095.

  • In this case first three codes 245 is city code and it represents city Ghaziabad.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 095 represents branch. In our case branch is located at address Upeda Ghaziabad 245201.

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.