Indusind Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Indusind Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koramangala Fifth Block
Contact
Bank Details Indusind Bank Ltd Koramangala Fifth Block INDB0001703
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560095
Country IN
Address Ground floor aaryaa centre no 1 mig khb colony 1 a cross 5th block koramangala bangalore pin 560095 karnataka
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 0 for Koramangala Fifth Block 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 0 of Indus Bank, Koramangala Fifth Block branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Koramangala Fifth Block branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Indusind Bank Ltd are available with micr code -

>>Adugodi Branch >>Akshayanagar Bangalore >>Amruthahalli Bangalore >>Ananth Nagar Electronic City >>Aqui Bangalore >>Bangalore City Co Op Bank >>Bangalore Kaggadasapura >>Bangalore Kanakapura Road >>Bangalore Whitefield Main Road >>Bhattarahalli Bangalore >>Cambridge Layout >>Chamarajapet Branch >>Dasarahalli >>Domlur >>Giri Nagar >>Gottigere Branch >>Haralur Road Bangalore >>Hospet >>Itpl Bangalore >>Jayanagar >>Jayanagar Block Bangalore >>Jp Nagar Third Phase >>Kalyan Nagar Bangalore >>Kengeri Satellite Town Bangalore >>Koramangala Fifth Block >>Koramangala Hundred Feet Road >>Lakshminarayanapuram Branch >>Magadi Road Branch >>Mahalakshmipuram Bangalore >>Main Branch >>Manyata Tech Park >>Museum Road Bangalore >>Padmanabhanagar Bangalore Horamavu Kothanur >>Rkhegde Nagar Bangalore >>Sarjapur Road >>Sree Banashankari Mahila Coop Bank Nagarbhavi Branch >>Sree Charan Bank Citymarket >>Sree Charan Bank Gandhibazar >>Sree Charan Bank Jayanagar >>Sree Charan Bank Malleshwaram >>Sree Charan Bank Sultanpet >>Sree Thyagaraja Co Operative Urban Bank Ltd Nagadevanahalli >>Sree Thyagaraja Co Operative Urban Bank Ltd Peenya >>Sreenidhi Souh Bank Arekere >>Sreenidhi Souh Bank Bommanahalli >>Sreenidhi Souh Bank Marathalli >>Sreenidhi Souh Bank Raghuvanahalli >>Sudhamanagara Branch >>Suvarna Co Op Bank Ltd Head Office >>Suvarna Co Op Bank Ltd Shivajinagar >>Suvarna Co Op Bank Ltd Srinagar >>Uttarahalli Branch >>Vidyaranyapura Bengaluru >>Vijaya Bank Layout Bangalore >>Vijaya Nagar >>Whitefield Bengaluru >>Yelahanka Branch >>Yeshwanthpur Bangalore

MICR code for Indusind Bank Koramangala Fifth Block

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 Koramangala Fifth Block 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. 0 is the MICR code of Indusind Bank for Koramangala Fifth Block branch. MICR code for Koramangala Fifth Block 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 Koramangala Fifth Block is presented in the table alongside.

Use of Indus Bank MICR code for Koramangala Fifth Block branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Koramangala Fifth Block 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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