Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 262234421 belongs to Indusind Bank, Palia Khalan branch in Lakhimpur Kheri, Uttar Pradesh. The matching IFSC code is INDB0000438.
How to read MICR 262234421
262: the city code. It usually follows the first digits of the area's PIN code; here it is Lakhimpur Kheri.
234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
421: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (INDB0000438 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 262234421 belong to?
Indusind Bank, Palia Khalan branch (Lakhimpur Kheri, Uttar Pradesh).
What is the IFSC code for MICR 262234421?
INDB0000438.
What do the digits of 262234421 mean?
262 is the city code, 234 the bank code and 421 the branch code.
