Indusind Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Indusind Bank Hyderabad Hyderabad Telangana

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State
District
City
Branch
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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	Siddipet
Contact
Bank Details	Indusind Bank Ltd Siddipet INDB0001771

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Telangana
Pincode	502103
Country	IN
Address	First floorã½ plot no 7ã½ mig iiã½ housing board colonyã½ hyderabad roadã½ siddipetã½ telangana pin code 502103

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

A total of 29 branches of Indusind Bank Ltd are available with micr code -

>>Abids >>B.N Reddy >>Balanagar >>Banjara Hills Road No Twelve >>Botanical Garden Road >>Chandanagar >>Habsiguda Hyderabad >>Jubilee Hills Hyderabad >>Jubilee Hillsroad No Thirty Six >>Khammam >>Kondapur >>Kothapet >>Kukatpally Jntu >>L B Nagar Hyderabad >>M G Road >>Manikonda >>Nanakramguda >>Narayanguda Hyderabad Telangana >>Panjaguta >>Pet Basheerabad >>Road No Forty Five Jubilee Hills >>S R Nagar Hyderabad >>Santosh Nagar Hyderabad >>Siddambar Bazar >>Siddipet >>Srinagar Colony >>Vanasthalipuram >>Vivekanandnagar

MICR code for Indusind Bank Siddipet

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 Siddipet 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 Siddipet branch. MICR code for Siddipet 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 Siddipet is presented in the table alongside.

Use of Indus Bank MICR code for Siddipet branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Siddipet 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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