Indusind Bank Karamsad
Karamsad · Anand, Gujarat
388234006 is the MICR code for the Karamsad branch of Indusind Bank, located in Anand, 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 INDB0002257.
Bank
Indusind Bank
Branch & Address
Karamsad
Ground Floor Shop no 24 25 Rudveda Building Opp Karamsad Medical College Karamsad Main Road Vv Nagar
Anand, Anand, Gujarat
Contact
+919687009406MICR Code Structure
388
City
234
Bank
006
Branch
City code 388 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Anand
Other banks in Anand, 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 (INDB0002257) 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 388234006 is in the middle, and your account number is on the right.