Indusind Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Varanasi Varanasi Uttar Pradesh

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MICR Code	221234002
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	Varanasi
Contact	0542 2207982/5/6 2207983
Bank Details	Indusind Bank Ltd Varanasi INDB0000037

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	Maansarovar, c-30/35 – b, maldhiya, varanasi – 221 001 uttar pradesh

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 221234002 for Varanasi 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 221234002 of Indus Bank, Varanasi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Varanasi 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 -

>>Nadesar Varanasi >>Varanasi

MICR code for Indusind Bank Varanasi

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 Varanasi 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. 221234002 is the MICR code of Indusind Bank for Varanasi branch. MICR code for Varanasi 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 Varanasi is presented in the table alongside.

Use of Indus Bank MICR code for Varanasi branch in varanasi

The MICR code 221234002 is used in RBI cheque clearing process to identify the branch Varanasi 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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