Indusind Bank Kurnool Nandyal Andhra Pradesh MICR CODE

Find MICR Codes for Indusind Bank Kurnool Nandyal Andhra Pradesh

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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	Byraml Street Branch
Contact	8514-220717
Bank Details	Indusind Bank Ltd Byraml Street Branch INDB0KCBL02

Location	Kurnool, Nandyal
City	Kurnool
District	Nandyal
State	Andhra Pradesh
Pincode	518501
Country	IN
Address	3-90,byrmal street,nandyal-518501

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

A total of 2 branches of Indusind Bank Ltd are available with micr code -

>>Balaji Complex >>Byraml Street Branch

MICR code for Indusind Bank Byraml Street Branch

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 Byraml Street Branch 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 Byraml Street Branch branch. MICR code for Byraml Street Branch 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 Byraml Street Branch is presented in the table alongside.

Use of Indus Bank MICR code for Byraml Street Branch branch in kurnool

The MICR code 0 is used in RBI cheque clearing process to identify the branch Byraml Street Branch 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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