Indian Bank Ulhas Nagar East New Era School
Ulhas Nagar East New Era School · Thane, Maharashtra
400019062 is the MICR code for the Ulhas Nagar East New Era School branch of Indian Bank, located in Thane, Maharashtra. 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 IDIB000N124.
Bank
Indian Bank
Branch & Address
Ulhas Nagar East New Era School
Shop No11 12ground Floor Shree Krishna Sardha Tower Lal Chakki Chowk Ulhasnagar4 Ulhasnagar PIN 421004
Thane, Lal Chakki Chowk Ulhasnagar, Maharashtra
Contact
+912512586258MICR Code Structure
400
City
019
Bank
062
Branch
City code 400 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 062 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Thane
Other banks in Thane, Maharashtra
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 (IDIB000N124) 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 400019062 is in the middle, and your account number is on the right.