Indian Bank Smriti Nagar Bhilai
Smriti Nagar Bhilai · Durg, Chhattisgarh
490019005 is the MICR code for the Smriti Nagar Bhilai branch of Indian Bank, located in Durg, Chhattisgarh. 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 IDIB000S737.
Bank
Indian Bank
Branch & Address
Smriti Nagar Bhilai
Mmm Complex Pushpak Nagar Jhunwani Road Smritinagar Bhilai Bhilai PIN 490020
Durg, Bhilai, Chhattisgarh
Contact
+918619094269MICR Code Structure
490
City
019
Bank
005
Branch
City code 490 identifies the RBI clearing centre, bank code 019 identifies Indian Bank, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Indian Bank branches near Durg
Other banks in Durg, Chhattisgarh
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 (IDIB000S737) 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 490019005 is in the middle, and your account number is on the right.