Indusind Bank North Lakhimpur Lakhimpur Assam MICR CODE

Find MICR Codes for Indusind Bank North Lakhimpur Lakhimpur Assam

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch North Lakhimpur
Contact 24421212
Bank Details Indusind Bank Ltd North Lakhimpur INDB0000717
Location North Lakhimpur, Lakhimpur
City North Lakhimpur
District Lakhimpur
State Assam
Pincode 787001
Country IN
Address Grd flr dag no 785 ward no 9 of north lakhimpur municipality mouza lakhimpur 787001 assam
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 787234002 for North Lakhimpur 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 787234002 of Indus Bank, North Lakhimpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for North Lakhimpur 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 -

>>North Lakhimpur

MICR code for Indusind Bank North Lakhimpur

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 North Lakhimpur 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. 787234002 is the MICR code of Indusind Bank for North Lakhimpur branch. MICR code for North Lakhimpur 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 North Lakhimpur is presented in the table alongside.

Use of Indus Bank MICR code for North Lakhimpur branch in north lakhimpur

The MICR code 787234002 is used in RBI cheque clearing process to identify the branch North Lakhimpur 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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