| MICR CODE | 431259008 |
|---|---|
| Bank | Idbi Bank |
| Branch | Aurangabad Corporate Banking Branch |
| IFSC Code | IFSC Code Idbi Bank |
| Address | 1st Floor,renuka Complex,h.no.5-6-15,cts.no.17325,opp.sant Eknath Rangmandir,new Osmanpuraaurangabad-431005 |
| City | Aurangabad |
| State | Maharashtra |
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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).