MICR Code: 206234502

Bank: IndusInd Bank Limited
IFSC Code: Indb0000475
MICR Code: 206234502
Address: Ground Floor, Village, Kundol, Post: Bachedi, Teh: Chakar Nagar, Dist: Etawah, Uttar Pradesh- 206125
City: Etawah
District: Kundol
State: Uttar Pradesh

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 206234502.

  • In this case first three codes 206 is city code and it represents city Etawah.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Ground Floor, Village, Kundol, Post: Bachedi, Teh: Chakar Nagar, Dist: Etawah, Uttar Pradesh- 206125.

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.