Indusind Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Indusind Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cyber City Rapid Metro Station
Contact 2560001
Bank Details Indusind Bank Ltd Cyber City Rapid Metro Station INDB0000716
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122002
Country IN
Address Indusind bank cyber city rapid metro station dlf city ii sector 25 gurgaon122002 haryana
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 110234061 for Cyber City Rapid Metro Station 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 110234061 of Indus Bank, Cyber City Rapid Metro Station branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Cyber City Rapid Metro Station branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Cyber City Rapid Metro Station

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 Cyber City Rapid Metro Station 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. 110234061 is the MICR code of Indusind Bank for Cyber City Rapid Metro Station branch. MICR code for Cyber City Rapid Metro Station 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 Cyber City Rapid Metro Station is presented in the table alongside.

Use of Indus Bank MICR code for Cyber City Rapid Metro Station branch in gurgaon

The MICR code 110234061 is used in RBI cheque clearing process to identify the branch Cyber City Rapid Metro Station 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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