| MICR CODE | 400019012 |
|---|---|
| Bank | Indian Bank |
| Branch | Juhu Ville Parle Development Scheme |
| IFSC Code | IFSC Code Indian Bank |
| Address | 12 A, Sagar Villa, Juhu Ville Parle Development Scheme, Mumbai 400049 |
| City | Mumbai |
| 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).