Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 700234045 belongs to Indusind Bank, Naihati branch in North Twenty Four Parganas, West Bengal. The matching IFSC code is INDB0001684.
How to read MICR 700234045
700: the city code. It usually follows the first digits of the area's PIN code; here it is North Twenty Four Parganas.
234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
045: 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 (INDB0001684 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 700234045 belong to?
Indusind Bank, Naihati branch (North Twenty Four Parganas, West Bengal).
What is the IFSC code for MICR 700234045?
INDB0001684.
What do the digits of 700234045 mean?
700 is the city code, 234 the bank code and 045 the branch code.
