Indusind Bank Jagdishpur Bhojpur Bihar MICR CODE

Find MICR Codes for Indusind Bank Jagdishpur Bhojpur Bihar

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagdishpur
Contact 9264450421
Bank Details Indusind Bank Ltd Jagdishpur INDB0001414
Location Jagdishpur, Bhojpur
City Jagdishpur
District Bhojpur
State Bihar
Pincode 802158
Country IN
Address Lal babu complex near thana jagdishpur ward no 14 new mohalla jagdishpura holding no 146 dist ara bhojpur pin 802158
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 802234104 for Jagdishpur 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 802234104 of Indus Bank, Jagdishpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Jagdishpur 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 -

>>Jagdishpur

MICR code for Indusind Bank Jagdishpur

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 Jagdishpur 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. 802234104 is the MICR code of Indusind Bank for Jagdishpur branch. MICR code for Jagdishpur 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 Jagdishpur is presented in the table alongside.

Use of Indus Bank MICR code for Jagdishpur branch in jagdishpur

The MICR code 802234104 is used in RBI cheque clearing process to identify the branch Jagdishpur 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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