Indusind Bank, Punjabi Bagh New Delhi Pioneer Implant
✔ Verified in RBI list
Bank
Indusind Bank
Branch
Punjabi Bagh New Delhi Pioneer Implant
IFSC
INDB0001541
Address
GROUND FLOOR UGF PLOT BEARING NO22915 SQYARDS NORTH WEST AVENUE ROAD SITUATED IN ADARSH BHAWAN CO OPERATIVE HOUSE BUILDING SOCIETY PUNJABI BAGH EXTENSION NEW DELHI 110026
Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 110234117 belongs to Indusind Bank, Punjabi Bagh New Delhi Pioneer Implant branch in New Delhi, Delhi. The matching IFSC code is INDB0001541.
How to read MICR 110234117
110: the city code. It usually follows the first digits of the area's PIN code; here it is New Delhi.
234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
117: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (INDB0001541 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 110234117 belong to?
Indusind Bank, Punjabi Bagh New Delhi Pioneer Implant branch (New Delhi, Delhi).
What is the IFSC code for MICR 110234117?
INDB0001541.
What do the digits of 110234117 mean?
110 is the city code, 234 the bank code and 117 the branch code.
