MICR Code: 387812501
| Bank: IndusInd Bank Limited |
| IFSC Code: Indb0upco01 |
| MICR Code: 387812501 |
| Address: The Uttarsanda Peoples Co Op Bank Ltd Bank Bldg Bazar Uttarsanda 387370 |
| City: Kheda |
| District: Uttarsanda |
| State: Gujarat |
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 387812501.
- In this case first three codes 387 is city code and it represents city Kheda.
- Next three characters 812 represents bank IndusInd Bank Limited.
- Remaining characters which are 501 represents branch. In our case branch is located at address The Uttarsanda Peoples Co Op Bank Ltd Bank Bldg Bazar Uttarsanda 387370.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.