Indusind Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Indusind Bank Bengaluru Bengaluru Karnataka

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	Mathikere
Contact
Bank Details	Indusind Bank Ltd Mathikere INDB0001589

Location	Bengaluru, Bengaluru
City	Bengaluru
District	Bengaluru
State	Karnataka
Pincode	560054
Country	IN
Address	Premises bearing no14 11th maingokul 1st stage 1st phase pranav complex mathikere bengaluru 560054

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

A total of 20 branches of Indusind Bank Ltd are available with micr code -

>>Aecs Layout >>Bagalur >>Bannergatta Road >>Basaveshwar Nagar >>Cox Town Frazer Town Karnataka >>Hennur Main Road >>Hoskote >>Jayanagar Fourth T Block >>Jp Nagar Seventh Phase Puttenhalli >>Kengeri Satellite Branch >>Kumaraswamy Layout >>Mathikere >>N T Road >>Peenya Industrial Area >>Sarakki Branch >>Sree Charan Bank Shankarpuram >>Sunkadakatte Branch >>T C Palya Road >>Uttarahalli >>Uttarahalli Branch

MICR code for Indusind Bank Mathikere

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 Mathikere 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 Mathikere branch. MICR code for Mathikere 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 Mathikere is presented in the table alongside.

Use of Indus Bank MICR code for Mathikere branch in bengaluru

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

Copied!