Indusind Bank Palwal Agra Chowk
Palwal Agra Chowk · Palwal, Haryana
121234452 is the MICR code for the Palwal Agra Chowk branch of Indusind Bank, located in Palwal, Haryana. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code INDB0001410.
Bank
Indusind Bank
Branch & Address
Palwal Agra Chowk
Khasra no 1693 7 New Colony Road Agra Chowk Palwal Haryana 121102
Palwal, Palwal, Haryana
Contact
+911275251840MICR Code Structure
121
City
234
Bank
452
Branch
City code 121 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 452 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Palwal
Other banks in Palwal, Haryana
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (INDB0001410) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 121234452 is in the middle, and your account number is on the right.