MICR Code: 502234522

Bank: IndusInd Bank Limited
IFSC Code: Indb0000292
MICR Code: 502234522
Address: Gr Flr, 3/7/83/101/2, Badari Complex, Gurunagar Colony Nh9, Sadasivpet ( Medak District), Pin-502291.
City: Medak
District: Sadashivpet
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 502234522.

  • In this case first three codes 502 is city code and it represents city Medak.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 522 represents branch. In our case branch is located at address Gr Flr, 3/7/83/101/2, Badari Complex, Gurunagar Colony Nh9, Sadasivpet ( Medak District), Pin-502291..

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.