Indusind Bank Bodakdev Ahmadabad Gujarat MICR CODE

Find MICR Codes for Indusind Bank Bodakdev Ahmadabad Gujarat

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MICR Code	380234003
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	Bodakdev
Contact
Bank Details	Indusind Bank Ltd Bodakdev INDB0000232

Location	Bodakdev, Ahmadabad
City	Bodakdev
District	Ahmadabad
State	Gujarat
Pincode	380054
Country	IN
Address	Zodiac square, show room no 2, opp gurudhwara, s g road, bodakdev, ahmedabad – 380 054

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 380234003 for Bodakdev 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 380234003 of Indus Bank, Bodakdev branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Bodakdev branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Bodakdev

MICR code for Indusind Bank Bodakdev

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 Bodakdev 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. 380234003 is the MICR code of Indusind Bank for Bodakdev branch. MICR code for Bodakdev 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 Bodakdev is presented in the table alongside.

Use of Indus Bank MICR code for Bodakdev branch in bodakdev

The MICR code 380234003 is used in RBI cheque clearing process to identify the branch Bodakdev 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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