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It is very important to find MICR code 402234001 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 402234001 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.
402234001 is the MICR Code for Mahad branch of Indusind Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Indusind Bank account. The address of Mahad branch is Shop no 1 and 2 ground floor shanti apartmentáopp mapara nursing home mahad, which is located in Raigarh District of Maharashtra State.
In Indus Bank MICR Code, the first 4 characters (4022) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (4001) represent the Indusind Bank branch code.
Find more information on MICR Code 402234001 of Indusind Bank Mahad Branch MICR Code Mahad for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 402234001 details before initiating any transaction!