Indusind Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Indore Indore Madhya Pradesh

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MICR Code	452234002
Bank	Indusind Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Indore
Contact	0731 2542696 / 7 / 8 2539092
Bank Details	Indusind Bank Ltd Indore INDB0000011

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452001
Country	IN
Address	Industry house 15 agra mumbai road, old palasia, indore - 452 001

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 452234002 for Indore 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 452234002 of Indus Bank, Indore branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Indore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of Indusind Bank Ltd are available with micr code -

>>Airport Road Indore >>Anand Bazar Saket Indore >>Annapurna Road Indore >>Asravadkhurd >>Asrawatbujurag >>Bilawali >>Chhawni >>Cloth Market >>Hig Indore >>Indore >>Indore Sanwer Road >>Kalod Kartal >>Kankariya Pal >>Mahalakshmi Nagar Indore >>Palsikar Indore >>Piplihana Branch >>Sanawadiya >>Sapna Sangeeta Main Road Indore >>Scheme No Seventy Eight Indore >>Shramik Nagrik Sahkari Bank Indore >>Siyaganj Indore >>South Tukoganj >>Umrikheda >>Vijay Nagar Indore >>Y N Road

MICR code for Indusind Bank Indore

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 Indore 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. 452234002 is the MICR code of Indusind Bank for Indore branch. MICR code for Indore 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 Indore is presented in the table alongside.

Use of Indus Bank MICR code for Indore branch in indore

The MICR code 452234002 is used in RBI cheque clearing process to identify the branch Indore 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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