Indusind Bank Coonoor Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Coonoor Nilgiris Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coonoor
Contact 0423 2232010, 2232020 2232120
Bank Details Indusind Bank Ltd Coonoor INDB0000182
Location Coonoor, Nilgiris
City Coonoor
District Nilgiris
State Tamil Nadu
Pincode 643101
Country IN
Address 6, nanjappa rao building,'bedford, coonoor - 643101
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 643234102 for Coonoor 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 643234102 of Indus Bank, Coonoor branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Coonoor 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 -

>>Coonoor

MICR code for Indusind Bank Coonoor

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 Coonoor 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. 643234102 is the MICR code of Indusind Bank for Coonoor branch. MICR code for Coonoor 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 Coonoor is presented in the table alongside.

Use of Indus Bank MICR code for Coonoor branch in coonoor

The MICR code 643234102 is used in RBI cheque clearing process to identify the branch Coonoor 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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