Indusind Bank Allahabad Prayagraj Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Allahabad Prayagraj Uttar Pradesh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chowk Prayagraj
Contact 532-5322404925
Bank Details Indusind Bank Ltd Chowk Prayagraj INDB0001815
Location Allahabad, Prayagraj
City Allahabad
District Prayagraj
State Uttar Pradesh
Pincode 211003
Country IN
Address Premises no 14 18 16 20hewett road prayagraj prayagraj up211003
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 211234004 for Chowk Prayagraj 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 211234004 of Indus Bank, Chowk Prayagraj branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Chowk Prayagraj 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 -

>>Chowk Prayagraj

MICR code for Indusind Bank Chowk Prayagraj

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 Chowk Prayagraj 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. 211234004 is the MICR code of Indusind Bank for Chowk Prayagraj branch. MICR code for Chowk Prayagraj 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 Chowk Prayagraj is presented in the table alongside.

Use of Indus Bank MICR code for Chowk Prayagraj branch in allahabad

The MICR code 211234004 is used in RBI cheque clearing process to identify the branch Chowk Prayagraj 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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