Indusind Bank Karnal Karnal Haryana MICR CODE

Find MICR Codes for Indusind Bank Karnal Karnal Haryana

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MICR Code	132234105
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	Niawal
Contact	6990013
Bank Details	Indusind Bank Ltd Niawal INDB0000675

Location	Karnal, Karnal
City	Karnal
District	Karnal
State	Haryana
Pincode	132023
Country	IN
Address	Gd flr on khewat no 246 khatoni no 305 rect no 53 killa no 15 naiwal teh dist karnal pin 132023

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 132234105 for Niawal 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 132234105 of Indus Bank, Niawal branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Niawal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Indusind Bank Ltd are available with micr code -

>>Jalmana >>Karnal >>Nagla Megha >>Niawal >>Sham Nagar Karnal

MICR code for Indusind Bank Niawal

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 Niawal 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. 132234105 is the MICR code of Indusind Bank for Niawal branch. MICR code for Niawal 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 Niawal is presented in the table alongside.

Use of Indus Bank MICR code for Niawal branch in karnal

The MICR code 132234105 is used in RBI cheque clearing process to identify the branch Niawal 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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