Indusind Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalapatti Road
Contact
Bank Details Indusind Bank Ltd Kalapatti Road INDB0001528
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641014
Country IN
Address Ground floor premises no c 1 renga s triyambhara kalapatti road coimbatore 641014 tamil nadu
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 Kalapatti Road 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, Kalapatti Road branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kalapatti Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Indusind Bank Ltd are available with micr code -

>>Ganapathy >>Kalapatti Road >>Periyanaickenpalayam >>Pollachi >>Ram Nagar >>Ramanathapuram Coimbatore >>Singanallur Coimbatore >>Trichy Road Coimbatore

MICR code for Indusind Bank Kalapatti Road

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 Kalapatti Road 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 Kalapatti Road branch. MICR code for Kalapatti Road 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 Kalapatti Road is presented in the table alongside.

Use of Indus Bank MICR code for Kalapatti Road branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kalapatti Road 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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