Indian Bank Bundi Main
Bundi Main · Bundi, Rajasthan
323019002 is the MICR code for the Bundi Main branch of Indian Bank, located in Bundi, Rajasthan. 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 IDIB000B192.
Bank
Indian Bank
Branch & Address
Bundi Main
Indian Bank Sabji Mandi Road Main Market Bundi PIN 323001
Bundi, Bundi, Rajasthan
Contact
+917023333649MICR Code Structure
323
City
019
Bank
002
Branch
City code 323 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Bundi
Other banks in Bundi, Rajasthan
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 (IDIB000B192) 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 323019002 is in the middle, and your account number is on the right.