Indusind Bank Jagraon Ludhiana Punjab MICR CODE

Find MICR Codes for Indusind Bank Jagraon Ludhiana Punjab

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talwandi Kalan
Contact 1624246800
Bank Details Indusind Bank Ltd Talwandi Kalan INDB0000996
Location Jagraon, Ludhiana
City Jagraon
District Ludhiana
State Punjab
Pincode 142025
Country IN
Address Ground floor main road vpo talwandi kalan distt ludhiana pin code 142025 state punjab
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 142234056 for Talwandi Kalan 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 142234056 of Indus Bank, Talwandi Kalan branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Talwandi Kalan 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 -

>>Jagraon >>Talwandi Kalan

MICR code for Indusind Bank Talwandi Kalan

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 Talwandi Kalan 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. 142234056 is the MICR code of Indusind Bank for Talwandi Kalan branch. MICR code for Talwandi Kalan 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 Talwandi Kalan is presented in the table alongside.

Use of Indus Bank MICR code for Talwandi Kalan branch in jagraon

The MICR code 142234056 is used in RBI cheque clearing process to identify the branch Talwandi Kalan 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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