Indusind Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Meerut Meerut 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 Ganga Nagar Meerut
Contact 121-4062242
Bank Details Indusind Bank Ltd Ganga Nagar Meerut INDB0002213
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250001
Country IN
Address Ground floor ganga nagar meerut uttar pradesh 250001
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 0 for Ganga Nagar Meerut 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 0 of Indus Bank, Ganga Nagar Meerut branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Ganga Nagar Meerut branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Delhi Road Meerut >>Ganga Nagar Meerut >>Meerut >>Western Kutchehry Road Meerut

MICR code for Indusind Bank Ganga Nagar Meerut

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 Ganga Nagar Meerut 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. 0 is the MICR code of Indusind Bank for Ganga Nagar Meerut branch. MICR code for Ganga Nagar Meerut 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 Ganga Nagar Meerut is presented in the table alongside.

Use of Indus Bank MICR code for Ganga Nagar Meerut branch in meerut

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ganga Nagar Meerut 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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