MICR Code: 302234012

Bank: IndusInd Bank Limited
IFSC Code: Indb0000704
MICR Code: 302234012
Address: Gd Flr Shop No 4 5 7 8 Jaipur Electronics Market Mansarovar Link Road Jaipur 302018 Rajasthan
City: Jaipur
District: Jaipur
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 302234012.

  • In this case first three codes 302 is city code and it represents city Jaipur.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Gd Flr Shop No 4 5 7 8 Jaipur Electronics Market Mansarovar Link Road Jaipur 302018 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.