Indusind Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manish Nagar
Contact 91-9881380980
Bank Details Indusind Bank Ltd Manish Nagar INDB0001828
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440015
Country IN
Address Indusind bank ltd ground mezzanine floor shilpa chsl manish nagar somalwada nagpur 440015
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 440235015 for Manish Nagar 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 440235015 of Indus Bank, Manish Nagar branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Manish Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Manish Nagar

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 Manish Nagar 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. 440235015 is the MICR code of Indusind Bank for Manish Nagar branch. MICR code for Manish Nagar 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 Manish Nagar is presented in the table alongside.

Use of Indus Bank MICR code for Manish Nagar branch in nagpur

The MICR code 440235015 is used in RBI cheque clearing process to identify the branch Manish Nagar 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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