MICR Code: 474470001
| Bank: IndusInd Bank Limited |
| IFSC Code: Indb0nsbg01 |
| MICR Code: 474470001 |
| Address: Head Office,73, Govindpuri, University 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 474470001.
- In this case first three codes 474 is city code and it represents city Gwalior.
- Next three characters 470 represents bank IndusInd Bank Limited.
- Remaining characters which are 001 represents branch. In our case branch is located at address Head Office,73, Govindpuri, University Road, Gwalior 474011.
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.