MICR Code Of Idbi Bank Paradip, Jagatsinghpur, Odisha

MICR CODE 754259002
Bank Idbi Bank
Branch Paradip
IFSC Code IFSC Code Idbi Bank
Address Ground Floor, Mmb Unit-11-14 Madhuban Market” Panposh Road, Adj To The New India Insurance Officeparadipjagatsinghpurorissa754 142
City Jagatsinghpur
State Odisha

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What is a MICR Code?

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).