INDUSIND BANK, Sector 54 Phase 2 Mohali

MICR Codes for other Branches of Indusind Bank In "Mohali"

MICR Code for INDUSIND BANKPunjab

The MICR code for a INDUSIND BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for INDUSIND BANK is printed on the bottom of every cheque leaf of the INDUSIND BANK.

Decoding-160234020

160234020 the MICR code of INDUSIND BANK,Sector 54 Phase 2 MohaliPunjab.

• The first 3 characters, i.e. 160 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 234 depicts the bank number of INDUSIND BANK
• The last three charters, i.e. 020 depicts theSector 54 Phase 2 Mohali ofMohali.

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