Indusind Bank Not Available Chikmagalur Karnataka MICR CODE

Find MICR Codes for Indusind Bank Not Available Chikmagalur Karnataka

Bank
State
District
City
Branch
Address

MICR Code	577234102
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	Chikmagalur
Contact
Bank Details	Indusind Bank Ltd Chikmagalur INDB0000364

Location	Not Available, Chikmagalur
City	Not Available
District	Chikmagalur
State	Karnataka
Pincode	577101
Country	IN
Address	Ground floor at “mrs complex”, mg road, chikmagalur-577 101, karnataka

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 577234102 for Chikmagalur 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 577234102 of Indus Bank, Chikmagalur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Chikmagalur 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 -

>>Chikmagalur

MICR code for Indusind Bank Chikmagalur

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 Chikmagalur 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. 577234102 is the MICR code of Indusind Bank for Chikmagalur branch. MICR code for Chikmagalur 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 Chikmagalur is presented in the table alongside.

Use of Indus Bank MICR code for Chikmagalur branch in not available

The MICR code 577234102 is used in RBI cheque clearing process to identify the branch Chikmagalur 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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