MICR Code: 474234002

Bank: IndusInd Bank Limited
IFSC Code: Indb0000123
MICR Code: 474234002
Address: 102/103, Narayan Krishna, 44 , City Centre,' Madhavrao Scindia Road, Gwalior - 474011
City: Gwalior
District: Gwalior
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 474234002.

  • In this case first three codes 474 is city code and it represents city Gwalior.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 102/103, Narayan Krishna, 44 , City Centre,' Madhavrao Scindia Road, Gwalior - 474011.

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.