Indusind Bank Warangal Warangal Andhra Pradesh MICR CODE

Find MICR Codes for Indusind Bank Warangal Warangal 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 Warangal Urbancoop Bank Nayeemnagar
Contact M Pratap Reddy - Manager +919989900755 ; 0870-2455419
Bank Details Indusind Bank Ltd Warangal Urbancoop Bank Nayeemnagar INDB0WUCB03
Location Warangal, Warangal
City Warangal
District Warangal
State Andhra Pradesh
Pincode 506002
Country IN
Address #5-11-469, gopalpur cross road, nayeemnagar, warangal
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 506836004 for Warangal Urbancoop Bank Nayeemnagar 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 506836004 of Indus Bank, Warangal Urbancoop Bank Nayeemnagar branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Warangal Urbancoop Bank Nayeemnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indusind Bank Ltd are available with micr code -

>>Warangal >>Warangal Urban Coop Bank Hanamkonda >>Warangal Urban Coop Bank Warangal >>Warangal Urbancoop Bank Nayeemnagar

MICR code for Indusind Bank Warangal Urbancoop Bank Nayeemnagar

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 Warangal Urbancoop Bank Nayeemnagar 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. 506836004 is the MICR code of Indusind Bank for Warangal Urbancoop Bank Nayeemnagar branch. MICR code for Warangal Urbancoop Bank Nayeemnagar 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 Warangal Urbancoop Bank Nayeemnagar is presented in the table alongside.

Use of Indus Bank MICR code for Warangal Urbancoop Bank Nayeemnagar branch in warangal

The MICR code 506836004 is used in RBI cheque clearing process to identify the branch Warangal Urbancoop Bank Nayeemnagar 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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