Indusind Bank Arrah Bihar Bhojpur Bihar MICR CODE

Find MICR Codes for Indusind Bank Arrah Bihar Bhojpur Bihar

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arrah Bihar
Contact 243073
Bank Details Indusind Bank Ltd Arrah Bihar INDB0001368
Location Arrah Bihar, Bhojpur
City Arrah Bihar
District Bhojpur
State Bihar
Pincode
Country IN
Address Ground floor holding no 502 karman tola station road ward 20 near shiv narayan lal petrol pump arrah
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 802234103 for Arrah Bihar 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 802234103 of Indus Bank, Arrah Bihar branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Arrah Bihar 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 -

>>Arrah Bihar

MICR code for Indusind Bank Arrah Bihar

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 Arrah Bihar 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. 802234103 is the MICR code of Indusind Bank for Arrah Bihar branch. MICR code for Arrah Bihar 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 Arrah Bihar is presented in the table alongside.

Use of Indus Bank MICR code for Arrah Bihar branch in arrah bihar

The MICR code 802234103 is used in RBI cheque clearing process to identify the branch Arrah Bihar 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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