Indusind Bank Shimla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for Indusind Bank Shimla Shimla Himachal Pradesh

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MICR Code	171234003
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	Sanjauli
Contact	9736377700
Bank Details	Indusind Bank Ltd Sanjauli INDB0001432

Location	Shimla, Shimla
City	Shimla
District	Shimla
State	Himachal Pradesh
Pincode	171006
Country	IN
Address	Indusind bank ltd third floor kuthiala house khewat no 185 khatauni no 205 khasra nos 871 872 and 873 sanjauli po sanjauli dist shimla 171006

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 171234003 for Sanjauli 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 171234003 of Indus Bank, Sanjauli branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sanjauli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Rohru >>Sanjauli >>Shimla >>Shoghi Shimla

MICR code for Indusind Bank Sanjauli

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 Sanjauli 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. 171234003 is the MICR code of Indusind Bank for Sanjauli branch. MICR code for Sanjauli 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 Sanjauli is presented in the table alongside.

Use of Indus Bank MICR code for Sanjauli branch in shimla

The MICR code 171234003 is used in RBI cheque clearing process to identify the branch Sanjauli 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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