Indusind Bank Gautam Buddha Nagar Noida Uttar Pradesh MICR CODE

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

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector One Hundred And Nineteen Noida
Contact 6900373
Bank Details Indusind Bank Ltd Sector One Hundred And Nineteen Noida INDB0000755
Location Gautam Buddha Nagar, Noida
City Gautam Buddha Nagar
District Noida
State Uttar Pradesh
Pincode 201301
Country IN
Address Ground floor plot no gh 004 hall no 8 sec 119 noida 201 301 gautam budh nagar uttar pradesh
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 110234079 for Sector One Hundred And Nineteen 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 110234079 of Indus Bank, Sector One Hundred And Nineteen Noida branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sector One Hundred And Nineteen Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indusind Bank Ltd are available with micr code -

>>Noida Sector >>Sector One Hundred And Nineteen Noida

MICR code for Indusind Bank Sector One Hundred And Nineteen 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 One Hundred And Nineteen 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. 110234079 is the MICR code of Indusind Bank for Sector One Hundred And Nineteen Noida branch. MICR code for Sector One Hundred And Nineteen 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 One Hundred And Nineteen Noida is presented in the table alongside.

Use of Indus Bank MICR code for Sector One Hundred And Nineteen Noida branch in gautam buddha nagar

The MICR code 110234079 is used in RBI cheque clearing process to identify the branch Sector One Hundred And Nineteen 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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