| MICR CODE | 500259017 |
|---|---|
| Bank | Idbi Bank |
| Branch | A S Rao Nagar |
| IFSC Code | IFSC Code Idbi Bank |
| Address | Ground Floor, Royal Embassy 1-6-50, Plot 50, Anupuram, Dr. A S Rao Nagar, Kapra Municipality, Hyderabad Pin : 500062 |
| City | Hyderabad |
| 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).