MICR Code: 497234101

Bank: IndusInd Bank Limited
IFSC Code: Indb0000796
MICR Code: 497234101
Address: Grd Flr Property Plot No 188 2 Main Raod Near Pwd Office Manendragarh Koriya 497442 Chhattisgarh
City: Koriya
District: Manendragarh
State: Chhattisgarh

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 497234101.

  • In this case first three codes 497 is city code and it represents city Koriya.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Grd Flr Property Plot No 188 2 Main Raod Near Pwd Office Manendragarh Koriya 497442 Chhattisgarh.

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.