Indusind Bank Rajouri Rajouri Jammu And Kashmir MICR CODE

Find MICR Codes for Indusind Bank Rajouri Rajouri Jammu And Kashmir

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajouri Jammu Kashmir
Contact 1962-264003
Bank Details Indusind Bank Ltd Rajouri Jammu Kashmir INDB0001988
Location Rajouri, Rajouri
City Rajouri
District Rajouri
State Jammu And Kashmir
Pincode 185131
Country IN
Address Ground floor ward no2 near dc office rajouri ut of jk 185131
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 Rajouri Jammu Kashmir 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, Rajouri Jammu Kashmir branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Rajouri Jammu Kashmir 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 -

>>Rajouri Jammu Kashmir

MICR code for Indusind Bank Rajouri Jammu Kashmir

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 Rajouri Jammu Kashmir 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 Rajouri Jammu Kashmir branch. MICR code for Rajouri Jammu Kashmir 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 Rajouri Jammu Kashmir is presented in the table alongside.

Use of Indus Bank MICR code for Rajouri Jammu Kashmir branch in rajouri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajouri Jammu Kashmir 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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