| MICR CODE | 160259015 |
|---|---|
| Bank | Idbi Bank |
| Branch | Panchkula Sec 20 |
| IFSC Code | IFSC Code Idbi Bank |
| Address | Sco 404,sec 20,panchkula,haryana 134109 |
| City | Panchkula |
| State | Haryana |
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).