| MICR CODE | 583259503 |
|---|---|
| Bank | Idbi Bank |
| Branch | Karatagi |
| IFSC Code | IFSC Code Idbi Bank |
| Address | Chiniwal Complex,rg Main Road,karatagi,tal Gangavathi,dist Koppal,karnataka -583229 |
| City | Karatgi |
| 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).