MICR Code: 144234352
| Bank: IndusInd Bank Limited |
| IFSC Code: Indb0000586 |
| MICR Code: 144234352 |
| Address: Swami Roopchand Jain Model High School, Garshankar Road, Banga ┬Û 144 505 Dist. Nava Saher' |
| City: Nawanshahr |
| District: Banga |
| 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 144234352.
- In this case first three codes 144 is city code and it represents city Nawanshahr.
- Next three characters 234 represents bank IndusInd Bank Limited.
- Remaining characters which are 352 represents branch. In our case branch is located at address Swami Roopchand Jain Model High School, Garshankar Road, Banga ┬Û 144 505 Dist. Nava Saher'.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.