MICR Code: 160234011

Bank: IndusInd Bank Limited
IFSC Code: Indb0000239
MICR Code: 160234011
Address: Vill - Bakarpur ( Near Govt. School), Po Manauli, Mohali
City: Sahibzada Ajit Singh Nagar
District: Bakarpur
State: Punjab

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 160234011.

  • In this case first three codes 160 is city code and it represents city Sahibzada Ajit Singh Nagar.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 011 represents branch. In our case branch is located at address Vill - Bakarpur ( Near Govt. School), Po Manauli, Mohali.

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.