Indusind Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Lucknow Lucknow Uttar Pradesh

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vinamra Khand Lucknow
Contact 522-4526640
Bank Details Indusind Bank Ltd Vinamra Khand Lucknow INDB0002368
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226010
Country IN
Address Ground floor vinamra khand gomati nagar lucknow uttar pradesh 226010
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 Vinamra Khand Lucknow 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, Vinamra Khand Lucknow branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Vinamra Khand Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Vinamra Khand Lucknow

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 Vinamra Khand Lucknow 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 Vinamra Khand Lucknow branch. MICR code for Vinamra Khand Lucknow 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 Vinamra Khand Lucknow is presented in the table alongside.

Use of Indus Bank MICR code for Vinamra Khand Lucknow branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vinamra Khand Lucknow 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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