Indusind Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Kolhapur Kolhapur Maharashtra

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolhapur
Contact 0231 6512006/7/8/9 2530707
Bank Details Indusind Bank Ltd Kolhapur INDB0000074
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416001
Country IN
Address Vasant prabha chambers (ground floor), 1125, 'e' sykes extension area,'opp. Parekh bridge, near s.t. Stand, kolhapur – 416001
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ichanlkaranji
Contact
Bank Details Indusind Bank Ltd Ichanlkaranji INDB0001674
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416115
Country IN
Address Ground floor hira tower shop 8 9 plot no 12 463 shahu corner janta chowk ichalkarnaji dist kolhapur pin 416115
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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.

Search Indusind Bank MICR Codes in kolhapur

You can search through MICR Codes of Maharashtra branches in kolhapur of District kolhapur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Apmc Kolhapur >>Ichanlkaranji >>Kolhapur >>Mahadwar Road Kolhapur

How to find MICR codes for Indusind Bank in kolhapur?

Indusind Bank kolhapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indus Bank MICR codes list for kolhapur, one can further search by branch name specified in the table. You can find MICR codes for all Indusind Bank kolhapur branches.

Indus Bank MICR code in kolhapur

Indusind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indus Bank MICR code for kolhapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indusind Bank branches in kolhapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indusind Bank MICR code for kolhapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indusind Bank kolhapur branch, sprinted 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. Thus MICR code for Indus Bank kolhapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indusind Bank MICR codes for kolhapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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