Indusind Bank Gautam Budh Nagar Noida Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Gautam Budh Nagar Noida Uttar Pradesh

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MICR Code	110234142
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	Noida Sector Thirty One
Contact	120-1204572798
Bank Details	Indusind Bank Ltd Noida Sector Thirty One INDB0001809

Location	Gautam Budh Nagar, Noida
City	Gautam Budh Nagar
District	Noida
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	Ground floor c 5 261 sector 31 noida up201301

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 110234142 for Noida Sector Thirty One 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 110234142 of Indus Bank, Noida Sector Thirty One branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Noida Sector Thirty One branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Indusind Bank Ltd are available with micr code -

>>Bhangel >>Bisrakh >>Chhajarsi >>Noida Sector Forty Five >>Noida Sector Thirty One >>Noida Sector Twenty Seven

MICR code for Indusind Bank Noida Sector Thirty One

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 Noida Sector Thirty One 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. 110234142 is the MICR code of Indusind Bank for Noida Sector Thirty One branch. MICR code for Noida Sector Thirty One 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 Noida Sector Thirty One is presented in the table alongside.

Use of Indus Bank MICR code for Noida Sector Thirty One branch in gautam budh nagar

The MICR code 110234142 is used in RBI cheque clearing process to identify the branch Noida Sector Thirty One 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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