| MICR CODE | 587259102 |
|---|---|
| Bank | Idbi Bank |
| Branch | Bagalkot |
| IFSC Code | IFSC Code Idbi Bank |
| Address | Idbi Bank Ltd, Laxmi Complex, T P No 82,ward No 10,near Vasavi Talkies, Station Road, Bagalkot - 587101 |
| City | Bagalkot |
| State | Karnataka |
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).