MICR Code: 400234024

Bank: IndusInd Bank Limited
IFSC Code: Indb0000353
MICR Code: 400234024
Address: Ground Floor,┬ Ôvikas┬Ö, Vaibhav Chs,# 31, Dr. Gopal Rao Deshmukh Marg, Peddar Road, Mumbai- 400 026
City: Greater Bombay
District: Mumbai
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 400234024.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 024 represents branch. In our case branch is located at address Ground Floor,┬ Ôvikas┬Ö, Vaibhav Chs,# 31, Dr. Gopal Rao Deshmukh Marg, Peddar Road, Mumbai- 400 026.

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.