Indusind Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Indusind Bank Faridabad Faridabad Haryana

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridabad
Contact 129-4050539
Bank Details Indusind Bank Ltd Faridabad INDB0002020
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121008
Country IN
Address Sco 49 and 50 sector 29 huda market 121008
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridabad
Contact 129-4063966
Bank Details Indusind Bank Ltd Faridabad INDB0002194
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121006
Country IN
Address Ground floor scf no 60 huda market sector 7 faridabad 121006 haryana
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 0 for Faridabad 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 0 of Indus Bank, Faridabad branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Indusind Bank Ltd are available with micr code -

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MICR code for Indusind Bank Faridabad

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 Faridabad 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. 0 is the MICR code of Indusind Bank for Faridabad branch. MICR code for Faridabad 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 Faridabad is presented in the table alongside.

Use of Indus Bank MICR code for Faridabad branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Faridabad 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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