Indusind Bank Not Available Bhubaneswar Orissa MICR CODE

Find MICR Codes for Indusind Bank Not Available Bhubaneswar Orissa

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MICR Code	751234004
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	Chandrashekharpur
Contact
Bank Details	Indusind Bank Ltd Chandrashekharpur INDB0000377

Location	Not Available, Bhubaneswar
City	Not Available
District	Bhubaneswar
State	Orissa
Pincode	751023
Country	IN
Address	Ground floor “ royal tower”, at- damana square, po- sailashree vihar, p.s. Chandrasekharpur, bhubaneswar- 751 023, odisha

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 751234004 for Chandrashekharpur 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 751234004 of Indus Bank, Chandrashekharpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Chandrashekharpur 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 -

>>Chandrashekharpur

MICR code for Indusind Bank Chandrashekharpur

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 Chandrashekharpur 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. 751234004 is the MICR code of Indusind Bank for Chandrashekharpur branch. MICR code for Chandrashekharpur 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 Chandrashekharpur is presented in the table alongside.

Use of Indus Bank MICR code for Chandrashekharpur branch in not available

The MICR code 751234004 is used in RBI cheque clearing process to identify the branch Chandrashekharpur 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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