Indusind Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indusind Bank Delhi Delhi New Delhi

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalkaji Delhi
Contact 49066701
Bank Details Indusind Bank Ltd Kalkaji Delhi INDB0000858
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110019
Country IN
Address Ground and basement floor 19 5 kalkaji main cr park road new delhi 110 019
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 110234087 for Kalkaji Delhi 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 110234087 of Indus Bank, Kalkaji Delhi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kalkaji Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Kalkaji Delhi

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 Kalkaji Delhi 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. 110234087 is the MICR code of Indusind Bank for Kalkaji Delhi branch. MICR code for Kalkaji Delhi 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 Kalkaji Delhi is presented in the table alongside.

Use of Indus Bank MICR code for Kalkaji Delhi branch in delhi

The MICR code 110234087 is used in RBI cheque clearing process to identify the branch Kalkaji Delhi 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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