Indusind Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Indusind Bank Patna Patna Bihar

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Boring Road Patna (Ii)
Contact
Bank Details Indusind Bank Ltd Boring Road Patna (Ii) INDB0000393
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800013
Country IN
Address Ground floor, “ vishwas amawan house”, jamuna apartments complex (front block), boring road, patna- 800 013. Bihar
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 800234004 for Boring Road Patna (Ii) 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 800234004 of Indus Bank, Boring Road Patna (Ii) branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Boring Road Patna (Ii) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Boring Road Patna (Ii)

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 Boring Road Patna (Ii) 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. 800234004 is the MICR code of Indusind Bank for Boring Road Patna (Ii) branch. MICR code for Boring Road Patna (Ii) 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 Boring Road Patna (Ii) is presented in the table alongside.

Use of Indus Bank MICR code for Boring Road Patna (Ii) branch in patna

The MICR code 800234004 is used in RBI cheque clearing process to identify the branch Boring Road Patna (Ii) 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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