Indusind Bank Narsinghpur Narsinghpur Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Narsinghpur Narsinghpur Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	487234001
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	Narsimhapur
Contact	235351
Bank Details	Indusind Bank Ltd Narsimhapur INDB0001343

Location	Narsinghpur, Narsinghpur
City	Narsinghpur
District	Narsinghpur
State	Madhya Pradesh
Pincode	487001
Country	IN
Address	Sahu complex bahari road shahid bhagat ward kandeli narsinghpur mp 487001

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 487234001 for Narsimhapur 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 487234001 of Indus Bank, Narsimhapur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Narsimhapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indusind Bank Ltd are available with micr code -

>>Kareli >>Narsimhapur

MICR code for Indusind Bank Narsimhapur

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 Narsimhapur 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. 487234001 is the MICR code of Indusind Bank for Narsimhapur branch. MICR code for Narsimhapur 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 Narsimhapur is presented in the table alongside.

Use of Indus Bank MICR code for Narsimhapur branch in narsinghpur

The MICR code 487234001 is used in RBI cheque clearing process to identify the branch Narsimhapur 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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