Indusind Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Indusind Bank Raipur Raipur Chhattisgarh

↻ Reload
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nahar Para Raipur
Contact 771-2990655
Bank Details Indusind Bank Ltd Nahar Para Raipur INDB0002313
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode
Country IN
Address Indusind bank hotel shivam residency neharpara raipur
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 Nahar Para Raipur 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, Nahar Para Raipur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Nahar Para Raipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Indusind Bank Ltd are available with micr code -

>>Amlidih >>Birgaon >>Ge Road Raipur >>Mg Road Raipur >>Mowa Raipur >>Nahar Para Raipur >>New Rajendra Nagar Raipur >>Pachpedi Naka Raipur >>Raipur >>Shankarnagar Raipur >>Telibandha Raipur

MICR code for Indusind Bank Nahar Para Raipur

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 Nahar Para Raipur 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 Nahar Para Raipur branch. MICR code for Nahar Para Raipur 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 Nahar Para Raipur is presented in the table alongside.

Use of Indus Bank MICR code for Nahar Para Raipur branch in raipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nahar Para Raipur 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.

Copied!