| MICR CODE | 530259102 |
|---|---|
| Bank | Idbi Bank |
| Branch | Anakapalle |
| IFSC Code | IFSC Code Idbi Bank |
| Address | # 3-7-9,sbi Main Branch, Near Nehru Chowk Junction, Narasinga Rao Peta, Anakapalle, Visakhapatnam-531 001 |
| City | Anakapalle |
| State | Andhra Pradesh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).