Indusind Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch T Nagar Chennai
Contact 044 - 2815 6931/32/34/35/38
Bank Details Indusind Bank Ltd T Nagar Chennai INDB0000328
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600017
Country IN
Address 5/6 old no.3/2 swethambar, bazullah road, t nagar, chennai 600 017
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 600234013 for T Nagar Chennai 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 600234013 of Indus Bank, T Nagar Chennai branch makes the system almost error free and faster. Use of Indus Bank MICR codes for T Nagar Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank T Nagar Chennai

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 T Nagar Chennai 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. 600234013 is the MICR code of Indusind Bank for T Nagar Chennai branch. MICR code for T Nagar Chennai 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 T Nagar Chennai is presented in the table alongside.

Use of Indus Bank MICR code for T Nagar Chennai branch in chennai

The MICR code 600234013 is used in RBI cheque clearing process to identify the branch T Nagar Chennai 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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