Indusind Bank Kalupur Ahmedabad Gujarat MICR CODE

Find MICR Codes for Indusind Bank Kalupur Ahmedabad Gujarat

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalupur
Contact 22174404
Bank Details Indusind Bank Ltd Kalupur INDB0001031
Location Kalupur, Ahmedabad
City Kalupur
District Ahmedabad
State Gujarat
Pincode
Country IN
Address Ground floor shop nos 12 to 14 bbs market prem darwaja six road kalupur
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 380234026 for Kalupur 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 380234026 of Indus Bank, Kalupur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kalupur 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 -

>>Kalupur

MICR code for Indusind Bank Kalupur

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 Kalupur 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. 380234026 is the MICR code of Indusind Bank for Kalupur branch. MICR code for Kalupur 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 Kalupur is presented in the table alongside.

Use of Indus Bank MICR code for Kalupur branch in kalupur

The MICR code 380234026 is used in RBI cheque clearing process to identify the branch Kalupur 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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