Indusind Bank Bilaspur Sarkanda Chhattisgarh MICR CODE

Find MICR Codes for Indusind Bank Bilaspur Sarkanda Chhattisgarh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarkanda
Contact 7752-7781006216
Bank Details Indusind Bank Ltd Sarkanda INDB0001777
Location Bilaspur, Sarkanda
City Bilaspur
District Sarkanda
State Chhattisgarh
Pincode 495001
Country IN
Address Indusind bank ltd ground floor shree plaza ashok nagar chowk seepat road sarkanda district bilaspur cg 495001
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 495234003 for Sarkanda 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 495234003 of Indus Bank, Sarkanda branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sarkanda 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 -

>>Sarkanda

MICR code for Indusind Bank Sarkanda

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 Sarkanda 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. 495234003 is the MICR code of Indusind Bank for Sarkanda branch. MICR code for Sarkanda 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 Sarkanda is presented in the table alongside.

Use of Indus Bank MICR code for Sarkanda branch in bilaspur

The MICR code 495234003 is used in RBI cheque clearing process to identify the branch Sarkanda 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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