Indusind Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411234019
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	Bavdhan
Contact	7030916421
Bank Details	Indusind Bank Ltd Bavdhan INDB0001033

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411021
Country	IN
Address	Shop no 1 2 3 4 solitaire 6 plot no 3a1 3a2 ramnagar colony bavdhan pune 411021

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 411234019 for Bavdhan 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 411234019 of Indus Bank, Bavdhan branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Bavdhan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 32 branches of Indusind Bank Ltd are available with micr code -

>>Anand Nagar Sinhagad Road >>Aundh >>Baner Pune >>Bavdhan >>Bhandarkar Road Pune >>Bhosari Pune >>Fatima Nagar Pune >>Kalyani Nagar Pune >>Karvenagar Pune >>Katraj Park >>Kharadi >>Kondhwa Khurd >>Koregaon Park >>Magarpatta >>Main Baner Road Branch >>Mukund Nagar >>Paud Road Pune >>Pimple Nilakh >>Pimple Saudagar >>Pimpri Chinchwad >>Pune >>Pune Ghole Road >>Pune Kharadi >>Ranjangaon Ganpati >>Rasta Peth Pune >>Sadashiv Peth >>Senapati Bapat Road Pune >>Thergaon Pune >>Undri >>Wakad Pune >>Wanowrie Pune >>Warje

MICR code for Indusind Bank Bavdhan

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 Bavdhan 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. 411234019 is the MICR code of Indusind Bank for Bavdhan branch. MICR code for Bavdhan 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 Bavdhan is presented in the table alongside.

Use of Indus Bank MICR code for Bavdhan branch in pune

The MICR code 411234019 is used in RBI cheque clearing process to identify the branch Bavdhan 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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