Indusind Bank Jodhpur Udaipur Rajasthan MICR CODE

Find MICR Codes for Indusind Bank Jodhpur Udaipur Rajasthan

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraswati Nagar Jodhpur
Contact 291-2942003
Bank Details Indusind Bank Ltd Saraswati Nagar Jodhpur INDB0001913
Location Jodhpur, Udaipur
City Jodhpur
District Udaipur
State Rajasthan
Pincode 342005
Country IN
Address Ground floor shop no 124 and 125 district shopping center saraswati nagar 342005
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 Saraswati Nagar Jodhpur 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, Saraswati Nagar Jodhpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Saraswati Nagar Jodhpur 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 -

>>Saraswati Nagar Jodhpur

MICR code for Indusind Bank Saraswati Nagar Jodhpur

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 Saraswati Nagar Jodhpur 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 Saraswati Nagar Jodhpur branch. MICR code for Saraswati Nagar Jodhpur 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 Saraswati Nagar Jodhpur is presented in the table alongside.

Use of Indus Bank MICR code for Saraswati Nagar Jodhpur branch in jodhpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Saraswati Nagar Jodhpur 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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