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It is very important to find MICR code 160234014 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160234014 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160234014 is the MICR Code for Phase Xi Mohali branch of Indusind Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Indusind Bank account. The address of Phase Xi Mohali branch is Basement & ground floor, scf no. 36, phase – xi, mohali – 160062 (punjab), which is located in Rupnagar District of Punjab State.
In Indus Bank MICR Code, the first 4 characters (1602) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (4014) represent the Indusind Bank branch code.
Find more information on MICR Code 160234014 of Indusind Bank Phase Xi Mohali Branch MICR Code Sas Nagar(Mohali) for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160234014 details before initiating any transaction!