Indian Bank Abrawan
Abrawan · Sas Nagar Mohali, Punjab
160019023 is the MICR code for the Abrawan branch of Indian Bank, located in Sas Nagar Mohali, 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 IDIB000A184.
Bank
Indian Bank
Branch & Address
Abrawan
Near Guruduwara Sahib Vill Devi Nagar Abrawan Abrawan Po Mankpur PIN 140602
Sas Nagar Mohali, Abrawan, Punjab
Contact
+911762234400MICR Code Structure
160
City
019
Bank
023
Branch
City code 160 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 023 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Sas Nagar Mohali
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 (IDIB000A184) 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 160019023 is in the middle, and your account number is on the right.