MICR Code: 400234031

Bank: IndusInd Bank Limited
IFSC Code: Indb0000357
MICR Code: 400234031
Address: Ground Floor, ┬ Ôcoral Square┬Ö, Vijay Garden Naka, Opp. Suraj Waterpark, Ghodbunder Road, Thane (W) ┬Û 400 607
City: Thane
District: Thane
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 400234031.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 031 represents branch. In our case branch is located at address Ground Floor, ┬ Ôcoral Square┬Ö, Vijay Garden Naka, Opp. Suraj Waterpark, Ghodbunder Road, Thane (W) ┬Û 400 607.

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.