Indusind Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code	110234065
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	Sector 50 Noida
Contact	2502822
Bank Details	Indusind Bank Ltd Sector 50 Noida INDB0000703

Location	Noida, Gautam Buddha Nagar
City	Noida
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	Basement grd first flr plot no 30 block b1 central mkt sec50 noida dist gautam budhnagar up 201301

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 110234065 for Sector 50 Noida 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 110234065 of Indus Bank, Sector 50 Noida branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sector 50 Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Indusind Bank Ltd are available with micr code -

>>Alpha Greater Noida >>Noida Sector 110 >>Noida Sector 48 >>Noida Sector 51 >>Noida Sector 62 >>Noida Sector 63 >>Omega >>Sec Noida >>Sector 12 Noida >>Sector 50 Noida

MICR code for Indusind Bank Sector 50 Noida

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 50 Noida 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. 110234065 is the MICR code of Indusind Bank for Sector 50 Noida branch. MICR code for Sector 50 Noida 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 50 Noida is presented in the table alongside.

Use of Indus Bank MICR code for Sector 50 Noida branch in noida

The MICR code 110234065 is used in RBI cheque clearing process to identify the branch Sector 50 Noida 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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