Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 497234001 belongs to Indusind Bank, Ambikapur branch in Surguja, Chandigarh. The matching IFSC code is INDB0000195.
How to read MICR 497234001
497: the city code. It usually follows the first digits of the area's PIN code; here it is Surguja.
234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
001: 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 (INDB0000195 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 497234001 belong to?
Indusind Bank, Ambikapur branch (Surguja, Chandigarh).
What is the IFSC code for MICR 497234001?
INDB0000195.
What do the digits of 497234001 mean?
497 is the city code, 234 the bank code and 001 the branch code.
