Indusind Bank Khordha Khordha Orissa MICR CODE

Find MICR Codes for Indusind Bank Khordha Khordha Orissa

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lewis Road Bhubaneshwar
Contact 674-2434305
Bank Details Indusind Bank Ltd Lewis Road Bhubaneshwar INDB0002062
Location Khordha, Khordha
City Khordha
District Khordha
State Orissa
Pincode 751002
Country IN
Address Ground floor plot no 3205 and 3206 lewis road bhubaneswar p o old town ps sree lingaraj pin 751002 odisha
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 Lewis Road Bhubaneshwar 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, Lewis Road Bhubaneshwar branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Lewis Road Bhubaneshwar branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Jaydev Vihar Bhubaneshwer >>Lewis Road Bhubaneshwar >>Raghunathpur Bhubaneshwar >>Ruchika Market

MICR code for Indusind Bank Lewis Road Bhubaneshwar

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 Lewis Road Bhubaneshwar 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 Lewis Road Bhubaneshwar branch. MICR code for Lewis Road Bhubaneshwar 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 Lewis Road Bhubaneshwar is presented in the table alongside.

Use of Indus Bank MICR code for Lewis Road Bhubaneshwar branch in khordha

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lewis Road Bhubaneshwar 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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