MICR Code: 314234501

Bank: IndusInd Bank Limited
IFSC Code: Indb0000457
MICR Code: 314234501
Address: Ground Floor, Opp. Irrigation Office & G.P.O, Near Honda Showroom, Punarwas Colony, Dungarpur Road, Gowari ┬Û 314 025 Teh: Sagwara, Dist: Doongarpur, Rajasthan
City: Dungarpur
District: Gowari
State: Rajasthan

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 314234501.

  • In this case first three codes 314 is city code and it represents city Dungarpur.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Ground Floor, Opp. Irrigation Office & G.P.O, Near Honda Showroom, Punarwas Colony, Dungarpur Road, Gowari ┬Û 314 025 Teh: Sagwara, Dist: Doongarpur, Rajasthan.

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.