Indusind Bank Nallasopara Thane Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Nallasopara Thane Maharashtra

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nallasopara East
Contact 7620490802
Bank Details Indusind Bank Ltd Nallasopara East INDB0001000
Location Nallasopara, Thane
City Nallasopara
District Thane
State Maharashtra
Pincode 401209
Country IN
Address Ground floor shalibhadra classic vasai nallasopara link road nallasopara e
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 400234049 for Nallasopara East 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 400234049 of Indus Bank, Nallasopara East branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Nallasopara East 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 -

>>Nallasopara East

MICR code for Indusind Bank Nallasopara East

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 Nallasopara East 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. 400234049 is the MICR code of Indusind Bank for Nallasopara East branch. MICR code for Nallasopara East 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 Nallasopara East is presented in the table alongside.

Use of Indus Bank MICR code for Nallasopara East branch in nallasopara

The MICR code 400234049 is used in RBI cheque clearing process to identify the branch Nallasopara East 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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