Indusind Bank Sonepur Sonepur Orissa MICR CODE

Find MICR Codes for Indusind Bank Sonepur Sonepur Orissa

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonapur
Contact 06654-220134 06654-220135 06654-220136--(Fax)
Bank Details Indusind Bank Ltd Sonapur INDB0000425
Location Sonepur, Sonepur
City Sonepur
District Sonepur
State Orissa
Pincode 762016
Country IN
Address Ground floor,po- majhipada, market road,sonapur, dist.subrnapur – 762 016, odisha.
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 767234102 for Sonapur 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 767234102 of Indus Bank, Sonapur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sonapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Sonapur

MICR code for Indusind Bank Sonapur

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 Sonapur 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. 767234102 is the MICR code of Indusind Bank for Sonapur branch. MICR code for Sonapur 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 Sonapur is presented in the table alongside.

Use of Indus Bank MICR code for Sonapur branch in sonepur

The MICR code 767234102 is used in RBI cheque clearing process to identify the branch Sonapur 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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