Indusind Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Indusind Bank Ranchi Ranchi Jharkhand

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MICR Code	834234005
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	Katamkuli
Contact	7349991188
Bank Details	Indusind Bank Ltd Katamkuli INDB0001024

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode	835222
Country	IN
Address	Ground floor plot no 3457 survey khata no 67 thana 15 mouza katamkuli under katamkuli gram panchayat p s old kanke new pithoria dist ranchi 835222 jharkhand

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 834234005 for Katamkuli 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 834234005 of Indus Bank, Katamkuli branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Katamkuli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Indusind Bank Ltd are available with micr code -

>>Katamkuli >>Kishoreganj Ranchi >>Lalpur Chowk Ranchi >>Ranchi >>Ratu Road Ranchi

MICR code for Indusind Bank Katamkuli

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 Katamkuli 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. 834234005 is the MICR code of Indusind Bank for Katamkuli branch. MICR code for Katamkuli 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 Katamkuli is presented in the table alongside.

Use of Indus Bank MICR code for Katamkuli branch in ranchi

The MICR code 834234005 is used in RBI cheque clearing process to identify the branch Katamkuli 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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