Indusind Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Indusind Bank Vadodara Vadodara Gujarat

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MICR Code	-NA-
Bank	Indusind Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akshar Chowk Vadodara
Contact	265-2990516
Bank Details	Indusind Bank Ltd Akshar Chowk Vadodara INDB0002174

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode
Country	IN
Address	Ground floor vadodara gujarat

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Akshar Chowk Vadodara branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Indus Bank, Akshar Chowk Vadodara branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Akshar Chowk Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Indusind Bank Ltd are available with micr code -

>>Akota Vadodara >>Akshar Chowk Vadodara >>Bhayli >>Dandia Bazaar Vadodara >>Gotri >>Karelibaug Vadodara >>Mandvi Vadodara >>Manjalpur >>New Sama Road Vadodara >>Nilambar Circle Vadodara >>Nizampura >>Subhanpura Vadodara >>Vadodara Atladra >>Vadodara New Alkapuri >>Vadodara Tarsali >>Vasna Road Vadodara >>Warasia

MICR code for Indusind Bank Akshar Chowk Vadodara

Indusind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indus Bank MICR code for Akshar Chowk Vadodara is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Indusind Bank for Akshar Chowk Vadodara branch. MICR code for Akshar Chowk Vadodara branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Indus Bank Akshar Chowk Vadodara is presented in the table alongside.

Use of Indus Bank MICR code for Akshar Chowk Vadodara branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akshar Chowk Vadodara and Indus Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Indusind Bank is typically in either of these two font’s: E-138 and CMC-7.

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