Indusind Bank Koriya Manendragarh Chhattisgarh MICR CODE

Find MICR Codes for Indusind Bank Koriya Manendragarh Chhattisgarh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manendragarh
Contact 243142
Bank Details Indusind Bank Ltd Manendragarh INDB0000796
Location Koriya, Manendragarh
City Koriya
District Manendragarh
State Chhattisgarh
Pincode 497442
Country IN
Address Grd flr property plot no 188 2 main raod near pwd office manendragarh koriya 497442 chhattisgarh
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 manendragarh

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

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Manendragarh

How to find MICR codes for Indusind Bank in koriya?

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

Indus Bank MICR code in koriya

Indusind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indus Bank MICR code for koriya 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 koriya, 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 koriya 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 koriya 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 koriya branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indusind Bank MICR codes for koriya 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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