Indusind Bank Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for Indusind Bank Srinagar Srinagar Jammu And Kashmir

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Karan Nagar Srinagar
Contact	1942-9596209991
Bank Details	Indusind Bank Ltd Karan Nagar Srinagar INDB0001982

Location	Srinagar, Srinagar
City	Srinagar
District	Srinagar
State	Jammu And Kashmir
Pincode	190010
Country	IN
Address	Ground floor municipality road narsingh gargh karan nagar district srinagar ut of jammu kashmir pin 190010

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

A total of 7 branches of Indusind Bank Ltd are available with micr code -

>>Burzulla Srinagar >>Dal Gate Srinagar >>Hari Street Srinagar >>Jawahar Nagar Jammu And Kashmir >>Karan Nagar Srinagar >>Saraf Kadal Downtown Srinagar >>Srinagar

MICR code for Indusind Bank Karan Nagar Srinagar

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 Karan Nagar Srinagar 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 Karan Nagar Srinagar branch. MICR code for Karan Nagar Srinagar 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 Karan Nagar Srinagar is presented in the table alongside.

Use of Indus Bank MICR code for Karan Nagar Srinagar branch in srinagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Karan Nagar Srinagar 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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