Indusind Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kilpauk Chennai
Contact 044 26420409/0423/0436/0468
Bank Details Indusind Bank Ltd Kilpauk Chennai INDB0000361
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600010
Country IN
Address Ground floor, new no 9,(old no 5), belfour road, kilpauk, chennai- 600 010
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 600234017 for Kilpauk Chennai 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 600234017 of Indus Bank, Kilpauk Chennai branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kilpauk Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Kilpauk Chennai

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 Kilpauk Chennai 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. 600234017 is the MICR code of Indusind Bank for Kilpauk Chennai branch. MICR code for Kilpauk Chennai 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 Kilpauk Chennai is presented in the table alongside.

Use of Indus Bank MICR code for Kilpauk Chennai branch in chennai

The MICR code 600234017 is used in RBI cheque clearing process to identify the branch Kilpauk Chennai 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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