Indusind Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Indusind Bank Faridabad Faridabad Haryana

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector 21 Faridabad
Contact 2436620
Bank Details Indusind Bank Ltd Sector 21 Faridabad INDB0000680
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address Ground and 1st floor sco no 142 main market sector 21c faridabad 121001 haryana
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 110234067 for Sector 21 Faridabad 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 110234067 of Indus Bank, Sector 21 Faridabad branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sector 21 Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Indusind Bank Ltd are available with micr code -

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MICR code for Indusind Bank Sector 21 Faridabad

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 Sector 21 Faridabad 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. 110234067 is the MICR code of Indusind Bank for Sector 21 Faridabad branch. MICR code for Sector 21 Faridabad 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 Sector 21 Faridabad is presented in the table alongside.

Use of Indus Bank MICR code for Sector 21 Faridabad branch in faridabad

The MICR code 110234067 is used in RBI cheque clearing process to identify the branch Sector 21 Faridabad 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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