MICR code
403234014
Indusind Bank, Bicholim
- Bank
- Indusind Bank
- Branch
- Bicholim
- IFSC
- INDB0002239
- Address
- JAIWANT COMPLEX SONAR PETH TAL BICHOLIM NORTH GOA 403504
- City
- Bicholim
- District
- Bicholim
- State
- Goa
- City code
- 403
- Bank code
- 234
- Branch code
- 014
- Home
- MICR search
- 403234014
MICR code · Bicholim
MICR code 403234014
✔ Verified in RBI list
How to read MICR 403234014
- 403: the city code. It usually follows the first digits of the area's PIN code; here it is Bicholim.
- 234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
- 014: 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 (INDB0002239 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 403234014 belong to?
Indusind Bank, Bicholim branch (Bicholim, Goa).
What is the IFSC code for MICR 403234014?
INDB0002239.
What do the digits of 403234014 mean?
403 is the city code, 234 the bank code and 014 the branch code.