Indusind Bank Gandhi Putla Square Nagpur
Gandhi Putla Square Nagpur · Nagpur, Maharashtra
440234017 is the MICR code for the Gandhi Putla Square Nagpur branch of Indusind Bank, located in Nagpur, 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 INDB0002134.
Bank
Indusind Bank
Branch & Address
Gandhi Putla Square Nagpur
Ground Floor Walokar Building CTS no 1228 Ca Road Gandhi Putla Tal and District Nagpur Maharashtra 440002
Nagpur, Nagpur, Maharashtra
Contact
+919028329684MICR Code Structure
440
City
234
Bank
017
Branch
City code 440 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 017 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Nagpur
Other banks in Nagpur, 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 (INDB0002134) 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 440234017 is in the middle, and your account number is on the right.