Indusind Bank Khordha Khordha Orissa MICR CODE

Find MICR Codes for Indusind Bank Khordha Khordha Orissa

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaydev Vihar Bhubaneshwer
Contact 674-2919423
Bank Details Indusind Bank Ltd Jaydev Vihar Bhubaneshwer INDB0002339
Location Khordha, Khordha
City Khordha
District Khordha
State Orissa
Pincode
Country IN
Address Ground floor irc village jaydev vihar bhubaneshwer odisha
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 Jaydev Vihar Bhubaneshwer 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, Jaydev Vihar Bhubaneshwer branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Jaydev Vihar Bhubaneshwer branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Jaydev Vihar Bhubaneshwer >>Lewis Road Bhubaneshwar >>Raghunathpur Bhubaneshwar >>Ruchika Market

MICR code for Indusind Bank Jaydev Vihar Bhubaneshwer

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 Jaydev Vihar Bhubaneshwer 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 Jaydev Vihar Bhubaneshwer branch. MICR code for Jaydev Vihar Bhubaneshwer 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 Jaydev Vihar Bhubaneshwer is presented in the table alongside.

Use of Indus Bank MICR code for Jaydev Vihar Bhubaneshwer branch in khordha

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jaydev Vihar Bhubaneshwer 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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