Indusind Bank Tanuku Tanuku Andhra Pradesh MICR CODE

Find MICR Codes for Indusind Bank Tanuku Tanuku Andhra Pradesh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vani Co Op Urban Bank Ltd
Contact
Bank Details Indusind Bank Ltd Vani Co Op Urban Bank Ltd INDB0VCUB09
Location Tanuku, Tanuku
City Tanuku
District Tanuku
State Andhra Pradesh
Pincode 534211
Country IN
Address No wr 477 tanuku dr no 35 32 2 yanamandrvari street tanuku 534211
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 Vani Co Op Urban Bank Ltd 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, Vani Co Op Urban Bank Ltd branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Vani Co Op Urban Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Vani Co Op Urban Bank Ltd

MICR code for Indusind Bank Vani Co Op Urban Bank Ltd

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 Vani Co Op Urban Bank Ltd 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 Vani Co Op Urban Bank Ltd branch. MICR code for Vani Co Op Urban Bank Ltd 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 Vani Co Op Urban Bank Ltd is presented in the table alongside.

Use of Indus Bank MICR code for Vani Co Op Urban Bank Ltd branch in tanuku

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vani Co Op Urban Bank Ltd 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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