MICR Code Of Idbi Bank Anakapalle, Anakapalle, Andhra Pradesh

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

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What is a MICR Code?

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).