MICR Code: 485234051

Bank: IndusInd Bank Limited
IFSC Code: Indb0000322
MICR Code: 485234051
Address: Chopra Complex, Nh-7, Road, Maihar-485771, Madhya Pradesh
City: Satna
District: Maihar
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 485234051.

  • In this case first three codes 485 is city code and it represents city Satna.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Chopra Complex, Nh-7, Road, Maihar-485771, 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.