| MICR CODE | 160019024 |
|---|---|
| Bank | Indian Bank |
| Branch | Peer Mushalla |
| IFSC Code | IFSC Code Indian Bank |
| Address | Shop No. 29, Ground Floor, Tricity Plaza, Peer Mushalla, S.a.s Nagar (mohali) Dist, Punjab, Pin-140603 |
| City | Zirakpur |
| State | Punjab |
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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).