Indusind Bank Gurugram Gurugram Haryana MICR CODE

Find MICR Codes for Indusind Bank Gurugram Gurugram Haryana

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MICR Code	-NA-
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 Five Gurugram
Contact
Bank Details	Indusind Bank Ltd Sector Five Gurugram INDB0001672

Location	Gurugram, Gurugram
City	Gurugram
District	Gurugram
State	Haryana
Pincode	122001
Country	IN
Address	Ground basement first floor dss plot no 46 main huda market sector 5 urban estate gurugram 122001

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

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Dlf Phase Four Gurugram >>Gwal Pahari Gurugram >>Sector Five Gurugram >>Sector Gurugram

MICR code for Indusind Bank Sector Five Gurugram

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 Five Gurugram 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 Sector Five Gurugram branch. MICR code for Sector Five Gurugram 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 Five Gurugram is presented in the table alongside.

Use of Indus Bank MICR code for Sector Five Gurugram branch in gurugram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector Five Gurugram 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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