Indusind Bank Hisar Mattersham Haryana MICR CODE

Find MICR Codes for Indusind Bank Hisar Mattersham Haryana

Bank
State
District
City
Branch
Address

MICR Code	125234054
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	Mattersham
Contact	7082112194
Bank Details	Indusind Bank Ltd Mattersham INDB0001304

Location	Hisar, Mattersham
City	Hisar
District	Mattersham
State	Haryana
Pincode	125001
Country	IN
Address	Indusind bank ltd ground floor khewat no 50 khatauni no 59 village mattersham teh and dist hisar 125001

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 125234054 for Mattersham 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 125234054 of Indus Bank, Mattersham branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Mattersham branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indusind Bank Ltd are available with micr code -

>>Mattersham

MICR code for Indusind Bank Mattersham

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 Mattersham 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. 125234054 is the MICR code of Indusind Bank for Mattersham branch. MICR code for Mattersham 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 Mattersham is presented in the table alongside.

Use of Indus Bank MICR code for Mattersham branch in hisar

The MICR code 125234054 is used in RBI cheque clearing process to identify the branch Mattersham 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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