Indian Bank Usha Nagar Rajmohalla
Usha Nagar Rajmohalla · Indore, Madhya Pradesh
452019003 is the MICR code for the Usha Nagar Rajmohalla branch of Indian Bank, located in Indore, Madhya Pradesh. 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 IDIB000R067.
Bank
Indian Bank
Branch & Address
Usha Nagar Rajmohalla
262usha Nagar Extn Phooti Kothi Road Opp Ranjeet Hanuman Mandir Indore PIN 452009
Indore, Indore, Madhya Pradesh
Contact
+917312790773MICR Code Structure
452
City
019
Bank
003
Branch
City code 452 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Indore
Other banks in Indore, Madhya Pradesh
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 (IDIB000R067) 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 452019003 is in the middle, and your account number is on the right.