MICR Code: 490234001

Bank: IndusInd Bank Limited
IFSC Code: Indb0000591
MICR Code: 490234001
Address: Block No.33, Dakshin Gangotri, Ward No 3,P.O. And P.S. Bhilai Durg, Durg, Chhatisgarh 490023
City: Durg
District: Bhilainagar
State: Chandigarh

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 490234001.

  • In this case first three codes 490 is city code and it represents city Durg.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Block No.33, Dakshin Gangotri, Ward No 3,P.O. And P.S. Bhilai Durg, Durg, Chhatisgarh 490023.

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.