Indusind Bank Kochi Kochi Kerala MICR CODE

Find MICR Codes for Indusind Bank Kochi Kochi Kerala

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kadavantara Kochi
Contact 2207414
Bank Details Indusind Bank Ltd Kadavantara Kochi INDB0000885
Location Kochi, Kochi
City Kochi
District Kochi
State Kerala
Pincode 682020
Country IN
Address Grd flr jn corner subhash chandra bose rd jawahar nagar kadavantara ernakulam kochi 682020 kerala
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 Kadavantara Kochi 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, Kadavantara Kochi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kadavantara Kochi 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 -

>>Kadavantara Kochi

MICR code for Indusind Bank Kadavantara Kochi

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 Kadavantara Kochi 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 Kadavantara Kochi branch. MICR code for Kadavantara Kochi 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 Kadavantara Kochi is presented in the table alongside.

Use of Indus Bank MICR code for Kadavantara Kochi branch in kochi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kadavantara Kochi 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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