MICR Code: 431234003

Bank: IndusInd Bank Limited
IFSC Code: Indb0000062
MICR Code: 431234003
Address: Ethibiz Cts No. 12996, Opp. Jammu & Kashmir Bank ' Jalna Road, Aurangabad - 431001
City: Aurangabad
District: Aurangabad
State: Maharashtra

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 431234003.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Ethibiz Cts No. 12996, Opp. Jammu & Kashmir Bank ' Jalna Road, Aurangabad - 431001.

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.