Indusind Bank Hazira Surat Gujarat MICR CODE

Find MICR Codes for Indusind Bank Hazira Surat Gujarat

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hazira
Contact 0261 2861223, 2861224, 2861222
Bank Details Indusind Bank Ltd Hazira INDB0000221
Location Hazira, Surat
City Hazira
District Surat
State Gujarat
Pincode 394516
Country IN
Address 1st floor, siddhi plaza, opp. Kribhco hsg, kawas patia, hazira road, dist. Surat – 394516
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 395234003 for Hazira 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 395234003 of Indus Bank, Hazira branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Hazira 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 -

>>Hazira

MICR code for Indusind Bank Hazira

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 Hazira 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. 395234003 is the MICR code of Indusind Bank for Hazira branch. MICR code for Hazira 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 Hazira is presented in the table alongside.

Use of Indus Bank MICR code for Hazira branch in hazira

The MICR code 395234003 is used in RBI cheque clearing process to identify the branch Hazira 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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