Indusind Bank Peelamedu Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Peelamedu Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peelamedu Coimbatore
Contact -4224357543
Bank Details Indusind Bank Ltd Peelamedu Coimbatore INDB0001876
Location Peelamedu Coimbatore, Coimbatore
City Peelamedu Coimbatore
District Coimbatore
State Tamil Nadu
Pincode
Country IN
Address Ground floor may flower signature building 365 avinashi road peelamedu coimbatore
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 coimbatore

You can search through MICR Codes of Tamil Nadu branches in peelamedu coimbatore of District coimbatore in Tamil Nadu 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 -

>>Peelamedu Coimbatore

How to find MICR codes for Indusind Bank in peelamedu coimbatore?

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

Indus Bank MICR code in peelamedu coimbatore

Indusind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indus Bank MICR code for peelamedu coimbatore 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 peelamedu coimbatore, 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 peelamedu coimbatore 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 peelamedu coimbatore 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 peelamedu coimbatore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indusind Bank MICR codes for peelamedu coimbatore branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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