MICR Code: 495234002

Bank: IndusInd Bank Limited
IFSC Code: Indb0000147
MICR Code: 495234002
Address: Ground Floor, Opp. Animesh Steel, Deendayal Upadhyaya Chowk, Srikant Verma Marg, Near Mangneto Mall, Bilaspur - 495001
City: Bilaspur
District: Bilaspur
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 495234002.

  • In this case first three codes 495 is city code and it represents city Bilaspur.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Ground Floor, Opp. Animesh Steel, Deendayal Upadhyaya Chowk, Srikant Verma Marg, Near Mangneto Mall, Bilaspur - 495001.

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.