| MICR CODE | 500259008 |
|---|---|
| Bank | Idbi Bank |
| Branch | Secunderabad |
| IFSC Code | IFSC Code Idbi Bank |
| Address | 9-1-164/a, Amsri Faust Bldg,opp. Deccan Chronicle,s.d Road, Secunderabad - 500003 |
| City | Secunderabad Cantonment |
| State | Telangana |
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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).