Indusind Bank Guwahati Kamrup Assam MICR CODE

Find MICR Codes for Indusind Bank Guwahati Kamrup Assam

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fancy Bazaar Guwahati
Contact 2733332
Bank Details Indusind Bank Ltd Fancy Bazaar Guwahati INDB0000709
Location Guwahati, Kamrup
City Guwahati
District Kamrup
State Assam
Pincode 781001
Country IN
Address Ground and first floor oswal complex 156 m g road near jbs restaurant guwahati 781001 assam
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 781234005 for Fancy Bazaar Guwahati 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 781234005 of Indus Bank, Fancy Bazaar Guwahati branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Fancy Bazaar Guwahati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Indusind Bank Ltd are available with micr code -

>>Beltola Guwahati >>Fancy Bazaar Guwahati >>Guwahati >>Paltan Bazaar Guwahati >>Shilphukuri Guwahati >>Zoo Road Guwahati

MICR code for Indusind Bank Fancy Bazaar Guwahati

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 Fancy Bazaar Guwahati 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. 781234005 is the MICR code of Indusind Bank for Fancy Bazaar Guwahati branch. MICR code for Fancy Bazaar Guwahati 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 Fancy Bazaar Guwahati is presented in the table alongside.

Use of Indus Bank MICR code for Fancy Bazaar Guwahati branch in guwahati

The MICR code 781234005 is used in RBI cheque clearing process to identify the branch Fancy Bazaar Guwahati 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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