Indusind Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Thane Thane Maharashtra

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MICR Code	400234034
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 No.17 Vashi
Contact	022 -27668457 /58/62/63, 27668456, 27668464,
Bank Details	Indusind Bank Ltd Sector No.17 Vashi INDB0000406

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400703
Country	IN
Address	Ground floor, shop. No. 5, mahatma phule bhavan, plot no.66, sector no.17, vashi, navi mumbai- 400 703

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 400234034 for Sector No.17 Vashi 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 400234034 of Indus Bank, Sector No.17 Vashi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sector No.17 Vashi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Indusind Bank Ltd are available with micr code -

>>Ambernath Easet >>Bhayander West >>Bhiwandi >>Ghodbunder Road Thane >>Hiranandini Estates Thane >>Koparkhairane Navi Mumbai >>Majiwada Thane >>Manpada Thane >>Midc Dombivili >>Mira Road >>Mira Road East >>Sector No.17 Vashi >>Talao Pali >>Thane >>Thane Prestige Garden >>Vartak Nagar Thane >>Vasant Vihar Thane >>Vashi >>Waghle Estate Thane

MICR code for Indusind Bank Sector No.17 Vashi

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 No.17 Vashi 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. 400234034 is the MICR code of Indusind Bank for Sector No.17 Vashi branch. MICR code for Sector No.17 Vashi 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 No.17 Vashi is presented in the table alongside.

Use of Indus Bank MICR code for Sector No.17 Vashi branch in thane

The MICR code 400234034 is used in RBI cheque clearing process to identify the branch Sector No.17 Vashi 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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