Indusind Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Nagpur Nagpur Maharashtra

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MICR Code	440234008
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	Dhantoli Nagpur
Contact	-
Bank Details	Indusind Bank Ltd Dhantoli Nagpur INDB0000547

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440012
Country	IN
Address	Ground floor, shop no 3, 4, 5 & 11, 12, 13, shree ganesh chambers , near panchsheel square, dhantoli, nagpur- 440 012, maharashtra

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 440234008 for Dhantoli Nagpur 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 440234008 of Indus Bank, Dhantoli Nagpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Dhantoli Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Indusind Bank Ltd are available with micr code -

>>Bokhara >>Byramji Town >>C A Road Nagpur >>Civil Lines Nagpur >>Dhantoli Nagpur >>Friends Colony Nagpur >>Gandhi Putla Square Nagpur >>Hingna Road Nagpur >>Jaripatka Nagpur >>Kashmiri Gali Nagpur >>Manish Nagar >>Medical Square Nagpur >>Nagpur >>Pratap Nagar Nagpur >>Ravi Nagar >>Sadar Nagpur >>Wadi >>Wardha Road Nagpur

MICR code for Indusind Bank Dhantoli Nagpur

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 Dhantoli Nagpur 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. 440234008 is the MICR code of Indusind Bank for Dhantoli Nagpur branch. MICR code for Dhantoli Nagpur 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 Dhantoli Nagpur is presented in the table alongside.

Use of Indus Bank MICR code for Dhantoli Nagpur branch in nagpur

The MICR code 440234008 is used in RBI cheque clearing process to identify the branch Dhantoli Nagpur 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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