Indusind Bank Balaji Complex
Balaji Complex · Kurnool, Andhra Pradesh
518869002 is the MICR code for the Balaji Complex branch of Indusind Bank, located in Kurnool, Andhra 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 INDB0KCBL03.
Bank
Indusind Bank
Branch & Address
Balaji Complex
2 428 179, Balaji Complex , Nandyal 518501
Kurnool, Nandyal, Andhra Pradesh
Contact
+918514242333MICR Code Structure
518
City
869
Bank
002
Branch
City code 518 identifies the RBI clearing centre, bank code 869 identifies Indusind Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Kurnool
Other banks in Kurnool, Andhra 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 (INDB0KCBL03) 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 518869002 is in the middle, and your account number is on the right.