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Indusind Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Mumbai Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400234056
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	Dadar Tt
Contact	24117050
Bank Details	Indusind Bank Ltd Dadar Tt INDB0001104

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400014
Country	IN
Address	Ground floor ghamat lodge dr babasaheb ambedkar road next to micky mehta gym dadar tt mumbai 400014

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 400234056 for Dadar Tt 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 400234056 of Indus Bank, Dadar Tt branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Dadar Tt branch, makes the characters readable even if there are other marks and stamps on it.

A total of 50 branches of Indusind Bank Ltd are available with micr code -

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MICR code for Indusind Bank Dadar Tt

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 Dadar Tt 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. 400234056 is the MICR code of Indusind Bank for Dadar Tt branch. MICR code for Dadar Tt 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 Dadar Tt is presented in the table alongside.

Use of Indus Bank MICR code for Dadar Tt branch in mumbai

The MICR code 400234056 is used in RBI cheque clearing process to identify the branch Dadar Tt 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.