Indusind Bank Kannur Kannapuram Kerala MICR CODE

Find MICR Codes for Indusind Bank Kannur Kannapuram Kerala

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kannapuram
Contact 497-4972708840
Bank Details Indusind Bank Ltd Kannapuram INDB0001845
Location Kannur, Kannapuram
City Kannur
District Kannapuram
State Kerala
Pincode 670301
Country IN
Address Ground floor shop no 3 577 a b madhavi complex near railway station kannapuram district kannur pin 670301 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 670234004 for Kannapuram 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 670234004 of Indus Bank, Kannapuram branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kannapuram 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 -

>>Kannapuram

MICR code for Indusind Bank Kannapuram

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 Kannapuram 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. 670234004 is the MICR code of Indusind Bank for Kannapuram branch. MICR code for Kannapuram 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 Kannapuram is presented in the table alongside.

Use of Indus Bank MICR code for Kannapuram branch in kannur

The MICR code 670234004 is used in RBI cheque clearing process to identify the branch Kannapuram 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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