Indusind Bank Baramulla Baramulla Jammu And Kashmir MICR CODE

Find MICR Codes for Indusind Bank Baramulla Baramulla Jammu And Kashmir

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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	Sopore
Contact	1954-7006334108
Bank Details	Indusind Bank Ltd Sopore INDB0001999

Location	Baramulla, Baramulla
City	Baramulla
District	Baramulla
State	Jammu And Kashmir
Pincode	193201
Country	IN
Address	Ground floor main chowk main market sopore district baramulla ut of jammu kashmir pin 193201

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 Sopore 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, Sopore branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sopore 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 -

>>Baramulla >>Sopore

MICR code for Indusind Bank Sopore

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

Use of Indus Bank MICR code for Sopore branch in baramulla

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