Indusind Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Indusind Bank Hyderabad Hyderabad Andhra Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	500234007
Bank	Indusind Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karkhana
Contact	040 - 27742025 / 26 / 27
Bank Details	Indusind Bank Ltd Karkhana INDB0000290

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500009
Country	IN
Address	Grd flr, #3/1/101, moti valley, next to devi shetty hospital, thirumalgiri, karkhaana, secunderabad – 500 009.

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 500234007 for Karkhana 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 500234007 of Indus Bank, Karkhana branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Karkhana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Indusind Bank Ltd are available with micr code -

>>A S Rao Nagar Hyderabad >>Karkhana >>Kukatpally Hyderabad >>Miyapur >>Somajiguda >>Towlichowki Hyderabad

MICR code for Indusind Bank Karkhana

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 Karkhana 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. 500234007 is the MICR code of Indusind Bank for Karkhana branch. MICR code for Karkhana 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 Karkhana is presented in the table alongside.

Use of Indus Bank MICR code for Karkhana branch in hyderabad

The MICR code 500234007 is used in RBI cheque clearing process to identify the branch Karkhana 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.

Copied!