Indusind Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Indusind Bank Surat Surat Gujarat

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Indusind Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Magob
Contact
Bank Details	Indusind Bank Ltd Magob INDB0001565

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode
Country	IN
Address	Indusind bank g 37 landmark empire magob saroli main road magob surat

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 Magob 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, Magob branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Magob branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Indusind Bank Ltd are available with micr code -

>>Dhamdod Road Bardoli >>Ghod Dod Road >>Katargam >>L P Savani >>Lambe Hanuman Road >>Magob >>Mota Varachha Surat >>Pandesara Surat >>Rander Road >>Sachin Gidc >>Sdb Surat >>Sitanagar Surat >>Sosyo Circle >>Sumul Dairy Road Surat >>Surat >>Surat Anand Mahal Road >>Surat Bhagal >>Surat Sarthana >>Tadwadi Surat >>Textile Market Ring Road >>Udhna Teen Rasta >>Varachha Road Surat >>Ved Road Surat >>Vip Road Surat >>Vvip Surat >>Yogi Chowk

MICR code for Indusind Bank Magob

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

Use of Indus Bank MICR code for Magob branch in surat

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