Indusind Bank Mayuram Mayiladuthurai Nagapattinam Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Mayuram Mayiladuthurai Nagapattinam Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mayiladuthurai Tamil Nadu
Contact 226866
Bank Details Indusind Bank Ltd Mayiladuthurai Tamil Nadu INDB0001048
Location Mayuram Mayiladuthurai, Nagapattinam
City Mayuram Mayiladuthurai
District Nagapattinam
State Tamil Nadu
Pincode
Country IN
Address Ground floor door no 2 rahamath building ward no 2 t s no 656 2 pattamangalam street mayiladuthurai
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 609234002 for Mayiladuthurai Tamil Nadu 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 609234002 of Indus Bank, Mayiladuthurai Tamil Nadu branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Mayiladuthurai Tamil Nadu 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 -

>>Mayiladuthurai Tamil Nadu

MICR code for Indusind Bank Mayiladuthurai Tamil Nadu

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 Mayiladuthurai Tamil Nadu 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. 609234002 is the MICR code of Indusind Bank for Mayiladuthurai Tamil Nadu branch. MICR code for Mayiladuthurai Tamil Nadu 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 Mayiladuthurai Tamil Nadu is presented in the table alongside.

Use of Indus Bank MICR code for Mayiladuthurai Tamil Nadu branch in mayuram mayiladuthurai

The MICR code 609234002 is used in RBI cheque clearing process to identify the branch Mayiladuthurai Tamil Nadu 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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