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MICR code · Satara

MICR code 415234502

MICR code
415234502
Indusind Bank, Charegaon
✔ Verified in RBI list
Bank
Indusind Bank
Branch
Charegaon
IFSC
INDB0000976
Address
GROUND FLOOR A T.POST CHAREGAONTAL KARAD DIST
City
Satara
District
Karad
State
Maharashtra
City code
415
Bank code
234
Branch code
502
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 415234502 belongs to Indusind Bank, Charegaon branch in Satara, Maharashtra. The matching IFSC code is INDB0000976.

How to read MICR 415234502

  • 415: the city code. It usually follows the first digits of the area's PIN code; here it is Satara.
  • 234: the bank code, the same for every branch of Indusind Bank in cheque clearing.
  • 502: 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 (INDB0000976 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 415234502 belong to?

Indusind Bank, Charegaon branch (Satara, Maharashtra).

What is the IFSC code for MICR 415234502?

INDB0000976.

What do the digits of 415234502 mean?

415 is the city code, 234 the bank code and 502 the branch code.

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