Indusind Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Indusind Bank Bengaluru Bengaluru Karnataka

↻ Reload
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarakki Branch
Contact 80-26642011
Bank Details Indusind Bank Ltd Sarakki Branch INDB0HNCB02
Location Bengaluru, Bengaluru
City Bengaluru
District Bengaluru
State Karnataka
Pincode 560078
Country IN
Address No 9 51 9th cross j p nagar 1st phase sarakki bengaluru 560078
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 Sarakki Branch 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, Sarakki Branch branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sarakki Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Sarakki Branch

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 Sarakki Branch 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 Sarakki Branch branch. MICR code for Sarakki Branch 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 Sarakki Branch is presented in the table alongside.

Use of Indus Bank MICR code for Sarakki Branch branch in bengaluru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sarakki Branch 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.

Copied!