Indusind Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Indusind Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badshahpur Gurgaon
Contact 0124 – 2361106, 2361107, 2361108, 2361120, 2361121
Bank Details Indusind Bank Ltd Badshahpur Gurgaon INDB0000549
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address Ground floor (right side),”md tower”, khatouni no 468, sohna road, badshahpur, gurgaon-122001, haryana
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 110234051 for Badshahpur Gurgaon 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 110234051 of Indus Bank, Badshahpur Gurgaon branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Badshahpur Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Badshahpur Gurgaon

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 Badshahpur Gurgaon 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. 110234051 is the MICR code of Indusind Bank for Badshahpur Gurgaon branch. MICR code for Badshahpur Gurgaon 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 Badshahpur Gurgaon is presented in the table alongside.

Use of Indus Bank MICR code for Badshahpur Gurgaon branch in gurgaon

The MICR code 110234051 is used in RBI cheque clearing process to identify the branch Badshahpur Gurgaon 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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