Indusind Bank Seawoods Navi Mumbai
Seawoods Navi Mumbai · Navi Mumbai, Maharashtra
400234077 is the MICR code for the Seawoods Navi Mumbai branch of Indusind Bank, located in Navi Mumbai, 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 INDB0001718.
Bank
Indusind Bank
Branch & Address
Seawoods Navi Mumbai
Ground Floor Shop no 16 Plot no 11 Shanti Vaibhav C H S LTD Sector 42 Seawoods West Navi Mumbai PIN 400706
Navi Mumbai, Navi Mumbai, Maharashtra
Contact
+919819916358MICR Code Structure
400
City
234
Bank
077
Branch
City code 400 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 077 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Navi Mumbai
Other banks in Navi Mumbai, 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 (INDB0001718) 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 400234077 is in the middle, and your account number is on the right.