Indusind Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Bareilly Bareilly Uttar Pradesh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Janakpuri Bareilly
Contact
Bank Details Indusind Bank Ltd Janakpuri Bareilly INDB0000734
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243001
Country IN
Address Ground floor 614 udaipur khaas pillibhit road janakpuri bareilly 243001 uttar 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 Janakpuri Bareilly 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, Janakpuri Bareilly branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Janakpuri Bareilly branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indusind Bank Ltd are available with micr code -

>>Bareilly >>Janakpuri Bareilly

MICR code for Indusind Bank Janakpuri Bareilly

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 Janakpuri Bareilly 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 Janakpuri Bareilly branch. MICR code for Janakpuri Bareilly 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 Janakpuri Bareilly is presented in the table alongside.

Use of Indus Bank MICR code for Janakpuri Bareilly branch in bareilly

The MICR code 0 is used in RBI cheque clearing process to identify the branch Janakpuri Bareilly 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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