Indusind Bank Vidya Nagar Bhiwani
Vidya Nagar Bhiwani · Bhiwani, Haryana
127234003 is the MICR code for the Vidya Nagar Bhiwani branch of Indusind Bank, located in Bhiwani, 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 INDB0002108.
Bank
Indusind Bank
Branch & Address
Vidya Nagar Bhiwani
Ground Floor Bulbul Complex Chokhani Estate Mehum Road Bhiwani Haryana PIN Code 127020
Bhiwani, Bhiwani, Haryana
Contact
+911664299388MICR Code Structure
127
City
234
Bank
003
Branch
City code 127 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Bhiwani
Other banks in Bhiwani, 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 (INDB0002108) 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 127234003 is in the middle, and your account number is on the right.