MICR Code: 160234012

Bank: IndusInd Bank Limited
IFSC Code: Indb0000255
MICR Code: 160234012
Address: Main Road Mullanpur Garibdass Tehsil Kharar Dist Mohali 140901
City: Rupnagar
District: Mullanpur Garibadas
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 160234012.

  • In this case first three codes 160 is city code and it represents city Rupnagar.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Main Road Mullanpur Garibdass Tehsil Kharar Dist Mohali 140901.

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.