Indusind Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Indusind Bank Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kareli Allahabad
Contact 2260335
Bank Details Indusind Bank Ltd Kareli Allahabad INDB0001401
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211016
Country IN
Address Municipal no c c 38 gtb nagar kareli allahabad
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 211234003 for Kareli Allahabad 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 211234003 of Indus Bank, Kareli Allahabad branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Kareli Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indusind Bank Ltd are available with micr code -

>>Allahabad >>Hamilton Road Prayagraj >>Kareli Allahabad

MICR code for Indusind Bank Kareli Allahabad

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 Kareli Allahabad 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. 211234003 is the MICR code of Indusind Bank for Kareli Allahabad branch. MICR code for Kareli Allahabad 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 Kareli Allahabad is presented in the table alongside.

Use of Indus Bank MICR code for Kareli Allahabad branch in allahabad

The MICR code 211234003 is used in RBI cheque clearing process to identify the branch Kareli Allahabad 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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