Indusind Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Indusind Bank Faridabad Faridabad Haryana

Bank
State
District
City
Branch
Address

MICR Code	110234066
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	Nit Faridabad
Contact	2436618
Bank Details	Indusind Bank Ltd Nit Faridabad INDB0000702

Location	Faridabad, Faridabad
City	Faridabad
District	Faridabad
State	Haryana
Pincode	121001
Country	IN
Address	Ground floor 1a 268 nit new township neelam bata road faridabad 121001 haryana

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 110234066 for Nit Faridabad 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 110234066 of Indus Bank, Nit Faridabad branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Nit Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Indusind Bank Ltd are available with micr code -

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MICR code for Indusind Bank Nit Faridabad

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 Nit Faridabad 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. 110234066 is the MICR code of Indusind Bank for Nit Faridabad branch. MICR code for Nit Faridabad 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 Nit Faridabad is presented in the table alongside.

Use of Indus Bank MICR code for Nit Faridabad branch in faridabad

The MICR code 110234066 is used in RBI cheque clearing process to identify the branch Nit Faridabad 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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