MICR Code: 454234001

Bank: IndusInd Bank Limited
IFSC Code: Indb0000961
MICR Code: 454234001
Address: Ground Flr Plot No 10 10 A Dhareshwar Marg Mandi├╜ Road Dhar Madhya Pradesh
City: Dhar
District: Dhar
State: Madhya Pradesh

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 454234001.

  • In this case first three codes 454 is city code and it represents city Dhar.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Ground Flr Plot No 10 10 A Dhareshwar Marg Mandi├╜ Road Dhar Madhya Pradesh.

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.