Indusind Bank Mhow Indore Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Mhow Indore Madhya Pradesh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Harnya Khedi
Contact 7324276081
Bank Details Indusind Bank Ltd Harnya Khedi INDB0000579
Location Mhow, Indore
City Mhow
District Indore
State Madhya Pradesh
Pincode 453446
Country IN
Address Ground floor,” bulbul dream palace”, plot no 43, rasalpura colony, village: harnya khedi, tehsil-mhow, indore dist-453 446, madhya pradesh
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 Harnya Khedi 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, Harnya Khedi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Harnya Khedi 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 -

>>Bheslay >>Harnya Khedi >>Sutarkhedi >>Umariya

MICR code for Indusind Bank Harnya Khedi

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 Harnya Khedi 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 Harnya Khedi branch. MICR code for Harnya Khedi 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 Harnya Khedi is presented in the table alongside.

Use of Indus Bank MICR code for Harnya Khedi branch in mhow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Harnya Khedi 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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