Indusind Bank Shirwal
Shirwal · Satara, Maharashtra
412234152 is the MICR code for the Shirwal branch of Indusind Bank, located in Satara, 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 INDB0000830.
Bank
Indusind Bank
Branch & Address
Shirwal
Grd Flr Shiwankar Complex Property no 2409 Gat no 525b Khandala Shirwal 412801 Satara Mah
Satara, Shirwal, Maharashtra
Contact
+912169244120MICR Code Structure
412
City
234
Bank
152
Branch
City code 412 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 152 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Satara
Other banks in Satara, 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 (INDB0000830) 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 412234152 is in the middle, and your account number is on the right.