Indusind Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Indusind Bank Coimbatore Coimbotore Tamil Nadu

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore
Contact 0422 2213551/ 72/ 73, 2216790 2212770
Bank Details Indusind Bank Ltd Coimbatore INDB0000021
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641037
Country IN
Address 652-662, tristar towersavanashi road,'coimbatore 641 037
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 641234002 for Coimbatore 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 641234002 of Indus Bank, Coimbatore branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Coimbatore 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 -

>>Coimbatore

MICR code for Indusind Bank Coimbatore

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 Coimbatore 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. 641234002 is the MICR code of Indusind Bank for Coimbatore branch. MICR code for Coimbatore 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 Coimbatore is presented in the table alongside.

Use of Indus Bank MICR code for Coimbatore branch in coimbatore

The MICR code 641234002 is used in RBI cheque clearing process to identify the branch Coimbatore 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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