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Indusind Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Indusind Bank Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prabhat Chowk Ghatlodia
Contact 91-7927478572
Bank Details Indusind Bank Ltd Prabhat Chowk Ghatlodia INDB0001757
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380061
Country IN
Address Shop no18 and 19sahyog co ophousing society ltd scheme shree kunj shopping centrefinal plot no66 166 26769prabhat chowkmouje and taluka ghatlodiaahmedabadgujarat pin code 380061
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 380234044 for Prabhat Chowk Ghatlodia 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 380234044 of Indus Bank, Prabhat Chowk Ghatlodia branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Prabhat Chowk Ghatlodia branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Prabhat Chowk Ghatlodia

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 Prabhat Chowk Ghatlodia 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. 380234044 is the MICR code of Indusind Bank for Prabhat Chowk Ghatlodia branch. MICR code for Prabhat Chowk Ghatlodia 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 Prabhat Chowk Ghatlodia is presented in the table alongside.

Use of Indus Bank MICR code for Prabhat Chowk Ghatlodia branch in ahmedabad

The MICR code 380234044 is used in RBI cheque clearing process to identify the branch Prabhat Chowk Ghatlodia 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.