Indusind Bank Faridkot Faridkot Punjab MICR CODE

Find MICR Codes for Indusind Bank Faridkot Faridkot Punjab

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tehna
Contact 7341101908
Bank Details Indusind Bank Ltd Tehna INDB0001110
Location Faridkot, Faridkot
City Faridkot
District Faridkot
State Punjab
Pincode 151203
Country IN
Address Mr baljit kaur khasra no 1511 725 1 2 0 village tehna tehsil and district faridkot punjab 151203
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 151234105 for Tehna 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 151234105 of Indus Bank, Tehna branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Tehna 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 -

>>Faridkot >>Tehna

MICR code for Indusind Bank Tehna

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 Tehna 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. 151234105 is the MICR code of Indusind Bank for Tehna branch. MICR code for Tehna 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 Tehna is presented in the table alongside.

Use of Indus Bank MICR code for Tehna branch in faridkot

The MICR code 151234105 is used in RBI cheque clearing process to identify the branch Tehna 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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