Indusind Bank Imphal Imphal Manipur MICR CODE

Find MICR Codes for Indusind Bank Imphal Imphal Manipur

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Imphal
Contact 0385-2448042 0385-2448039 0385-2448037 0385-2454567---Fax
Bank Details Indusind Bank Ltd Imphal INDB0000512
Location Imphal, Imphal
City Imphal
District Imphal
State Manipur
Pincode 795001
Country IN
Address Indusind bank ltd. First floor, thangal bazaar, khuyathon road, near kalibari, imphal- 795 001, manipur
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 795234002 for Imphal 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 795234002 of Indus Bank, Imphal branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Imphal 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 -

>>Imphal

MICR code for Indusind Bank Imphal

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 Imphal 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. 795234002 is the MICR code of Indusind Bank for Imphal branch. MICR code for Imphal 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 Imphal is presented in the table alongside.

Use of Indus Bank MICR code for Imphal branch in imphal

The MICR code 795234002 is used in RBI cheque clearing process to identify the branch Imphal 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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