MICR Code: 411234501

Bank: IndusInd Bank Limited
IFSC Code: Indb0000494
MICR Code: 411234501
Address: 38, Gat No. 481, Karmoli, Taluka Mulshi, Distt- Pune , Pin Code 412108, Maharashtra
City: Pune
District: Mulsi
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 411234501.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 501 represents branch. In our case branch is located at address 38, Gat No. 481, Karmoli, Taluka Mulshi, Distt- Pune , Pin Code 412108, Maharashtra.

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.