Indusind Bank Chordi
Chordi · Rajkot, Gujarat
360234501 is the MICR code for the Chordi branch of Indusind Bank, located in Rajkot, Gujarat. 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 INDB0000686.
Bank
Indusind Bank
Branch & Address
Chordi
Grd Flr 288 Plot Vistar Chordi Old Gantal Area Dist Rajkot Gujarat 360311
Rajkot, Rajkot, Gujarat
Contact
+917574818174MICR Code Structure
360
City
234
Bank
501
Branch
City code 360 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Rajkot
Other banks in Rajkot, Gujarat
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 (INDB0000686) 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 360234501 is in the middle, and your account number is on the right.