| MICR CODE | 416019003 |
|---|---|
| Bank | Indian Bank |
| Branch | Kolhapur Market Yard |
| IFSC Code | IFSC Code Indian Bank |
| Address | Plot No.3, shivsundar, E-ward, Mahadik Vasahat, Near Market Yard, Kolhapur, Maharashtra, Pin-416005 |
| City | Kolhapur |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).