Indusind Bank Landran Mohali Punjab MICR CODE

Find MICR Codes for Indusind Bank Landran Mohali Punjab

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Landran
Contact 0160 5004440/1/2
Bank Details Indusind Bank Ltd Landran INDB0000238
Location Landran, Mohali
City Landran
District Mohali
State Punjab
Pincode 140307
Country IN
Address Vill – landran, kharar road, teh & distt – mohali 140307
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 Landran 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, Landran branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Landran branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Landran

MICR code for Indusind Bank Landran

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 Landran 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 Landran branch. MICR code for Landran 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 Landran is presented in the table alongside.

Use of Indus Bank MICR code for Landran branch in landran

The MICR code 0 is used in RBI cheque clearing process to identify the branch Landran 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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