Indusind Bank Palanpur Palanpur Gujarat MICR CODE

Find MICR Codes for Indusind Bank Palanpur Palanpur Gujarat

↻ Reload
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palanpur
Contact
Bank Details Indusind Bank Ltd Palanpur INDB0001669
Location Palanpur, Palanpur
City Palanpur
District Palanpur
State Gujarat
Pincode 385001
Country IN
Address Indusind bank ltd ground floor h k tower shop no 5678 and 9 hanuman tekri abu highway road palanpur 385001
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.

Search Indusind Bank MICR Codes in palanpur

You can search through MICR Codes of Gujarat branches in palanpur of District palanpur in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Palanpur

How to find MICR codes for Indusind Bank in palanpur?

Indusind Bank palanpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indus Bank MICR codes list for palanpur, one can further search by branch name specified in the table. You can find MICR codes for all Indusind Bank palanpur branches.

Indus Bank MICR code in palanpur

Indusind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indus Bank MICR code for palanpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indusind Bank branches in palanpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indusind Bank MICR code for palanpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indusind Bank palanpur branch, sprinted 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. Thus MICR code for Indus Bank palanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indusind Bank MICR codes for palanpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!