MICR Code: 160234017

Bank: IndusInd Bank Limited
IFSC Code: Indb0000596
MICR Code: 160234017
Address: Ground First And Second Floor Sco 27 Sector 27 C Chandigarh 160019
City: Chandigarh
District: Chandigarh
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 160234017.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 017 represents branch. In our case branch is located at address Ground First And Second Floor Sco 27 Sector 27 C Chandigarh 160019.

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.