Indusind Bank Ananth Nagar Electronic City
Ananth Nagar Electronic City · Bangalore, Karnataka
560234050 is the MICR code for the Ananth Nagar Electronic City branch of Indusind Bank, located in Bangalore, Karnataka. 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 INDB0001765.
Bank
Indusind Bank
Branch & Address
Ananth Nagar Electronic City
Ground and First Floor no 1024 1st Cross 80 Feet Road Shree Anantha Nagar Electronic City Phase Ii Bangalore Karnataka PIN Code 560100
Bangalore, Bangalore, Karnataka
Contact
+918045673134MICR Code Structure
560
City
234
Bank
050
Branch
City code 560 identifies the RBI clearing centre, bank code 234 identifies Indusind Bank, and branch code 050 identifies this specific branch.
Online Payment Methods Supported
Other Indusind Bank branches near Bangalore
Other banks in Bangalore, Karnataka
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 (INDB0001765) 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 560234050 is in the middle, and your account number is on the right.