Indusind Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Allahabad Allahabad Uttar Pradesh

↻ Reload
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allahabad
Contact 0532 2260354, 2260353 2260355
Bank Details Indusind Bank Ltd Allahabad INDB0000124
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211001
Country IN
Address Ganpati towers, 56 sardar patel marg civil lines, allahabad - 211 001
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 211234002 for Allahabad 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 211234002 of Indus Bank, Allahabad branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indusind Bank Ltd are available with micr code -

>>Allahabad >>Hamilton Road Prayagraj >>Kareli Allahabad

MICR code for Indusind Bank Allahabad

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 Allahabad 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. 211234002 is the MICR code of Indusind Bank for Allahabad branch. MICR code for Allahabad 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 Allahabad is presented in the table alongside.

Use of Indus Bank MICR code for Allahabad branch in allahabad

The MICR code 211234002 is used in RBI cheque clearing process to identify the branch Allahabad 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.

Copied!