Indusind Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Indusind Bank Bhubaneswar Khurda Orissa

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MICR Code	751234007
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	Saheed Nagar
Contact	2546511
Bank Details	Indusind Bank Ltd Saheed Nagar INDB0001457

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751007
Country	IN
Address	Ground floor khata no 1057 1259 mouza bhubaneswar sahara unit no 32 govindprasad plot no 669 1668 668 661 2469 and sub plot no e 2 situated at cuttack road bomikhal dist khurda

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 751234007 for Saheed Nagar 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 751234007 of Indus Bank, Saheed Nagar branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Saheed Nagar 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 -

>>Saheed Nagar

MICR code for Indusind Bank Saheed Nagar

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 Saheed Nagar 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. 751234007 is the MICR code of Indusind Bank for Saheed Nagar branch. MICR code for Saheed Nagar 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 Saheed Nagar is presented in the table alongside.

Use of Indus Bank MICR code for Saheed Nagar branch in bhubaneswar

The MICR code 751234007 is used in RBI cheque clearing process to identify the branch Saheed Nagar 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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