Indusind Bank Jagraon
Jagraon · Ludhiana, Punjab
142234052 is the MICR code for the Jagraon branch of Indusind Bank, located in Ludhiana, Punjab. 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 INDB0000816.
Bank
Indusind Bank
Branch & Address
Jagraon
Grd Flr H no 373 B Khasra no 590 Ward no 12 Near Bus Stand Gt Road Jagraon 142 026 Ludhiana Punjab
Ludhiana, Jagraon, Punjab
Contact
+911624220226MICR Code Structure
142
City
234
Bank
052
Branch
City code 142 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 052 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Ludhiana
Other banks in Ludhiana, Punjab
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 (INDB0000816) 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 142234052 is in the middle, and your account number is on the right.