Indusind Bank Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Ujjain Ujjain Madhya Pradesh

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MICR Code	456234003
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	Talodh
Contact	9770414119
Bank Details	Indusind Bank Ltd Talodh INDB0001325

Location	Ujjain, Ujjain
City	Ujjain
District	Ujjain
State	Madhya Pradesh
Pincode	456006
Country	IN
Address	Ground floor post talodh distt tehsil ujjain mp 456006

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 456234003 for Talodh 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 456234003 of Indus Bank, Talodh branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Talodh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Badhkummed >>Bedawan >>Talodh >>Ujjain

MICR code for Indusind Bank Talodh

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 Talodh 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. 456234003 is the MICR code of Indusind Bank for Talodh branch. MICR code for Talodh 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 Talodh is presented in the table alongside.

Use of Indus Bank MICR code for Talodh branch in ujjain

The MICR code 456234003 is used in RBI cheque clearing process to identify the branch Talodh 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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