Indusind Bank Valsad Valsad Gujarat MICR CODE

Find MICR Codes for Indusind Bank Valsad Valsad Gujarat

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MICR Code	-NA-
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	Pardi
Contact
Bank Details	Indusind Bank Ltd Pardi INDB0001634

Location	Valsad, Valsad
City	Valsad
District	Valsad
State	Gujarat
Pincode
Country	IN
Address	Ground floor astha building below kalrav childrens hospital near bus stop nh 8 killa pardi tal pardi

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 0 for Pardi 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 0 of Indus Bank, Pardi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Pardi 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 -

>>Abrama Road Valsad >>Chala Vapi >>Pardi >>Shrimad Rajchandra >>Umbergaon >>Valsad

MICR code for Indusind Bank Pardi

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 Pardi 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. 0 is the MICR code of Indusind Bank for Pardi branch. MICR code for Pardi 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 Pardi is presented in the table alongside.

Use of Indus Bank MICR code for Pardi branch in valsad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pardi 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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