MICR Code: 452234503

Bank: IndusInd Bank Limited
IFSC Code: Indb0000529
MICR Code: 452234503
Address: 303A, Silicon City, ┬ Ômansee Heights┬Ö, Village: Nihalpur Mundi, Dist Indore- 452 012, M.P
City: Indore
District: Nihalpur Mundi
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 452234503.

  • In this case first three codes 452 is city code and it represents city Indore.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 503 represents branch. In our case branch is located at address 303A, Silicon City, ┬ Ômansee Heights┬Ö, Village: Nihalpur Mundi, Dist Indore- 452 012, M.P.

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.