Indusind Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Indusind Bank New Bombay Thane Maharashtra

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MICR Code	400234040
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	Cbd Belapur
Contact	022-27571243
Bank Details	Indusind Bank Ltd Cbd Belapur INDB0000599

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400614
Country	IN
Address	Ground floor, unit no 18, 19 & 36, ‘b’ wing, “shree nand dham”, plot no 59, sector-11, cbd belapur, navi mumbai- 400 614, thane dist, maharahtra

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 400234040 for Cbd Belapur 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 400234040 of Indus Bank, Cbd Belapur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Cbd Belapur 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 -

>>Cbd Belapur >>Nerul

MICR code for Indusind Bank Cbd Belapur

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 Cbd Belapur 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. 400234040 is the MICR code of Indusind Bank for Cbd Belapur branch. MICR code for Cbd Belapur 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 Cbd Belapur is presented in the table alongside.

Use of Indus Bank MICR code for Cbd Belapur branch in new bombay

The MICR code 400234040 is used in RBI cheque clearing process to identify the branch Cbd Belapur 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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