| MICR CODE | 400019058 |
|---|---|
| Bank | Indian Bank |
| Branch | Malad East |
| IFSC Code | IFSC Code Indian Bank |
| Address | Shop No.4, Shah Arcade Ii Rani Sati Marg, Malad East Mumbai 400097 |
| 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).