MICR Code: 700234023

Bank: IndusInd Bank Limited
IFSC Code: Indb0000872
MICR Code: 700234023
Address: Grd Flr Rene Tower Plot No Aa1 1842 Rajdhanga Main Road Ward No 107 Kasba Kolkata 700107 Wb
City: Kolkata
District: Kolkata
State: West Bengal

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 700234023.

  • In this case first three codes 700 is city code and it represents city Kolkata.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Grd Flr Rene Tower Plot No Aa1 1842 Rajdhanga Main Road Ward No 107 Kasba Kolkata 700107 Wb.

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.