Indusind Bank Dhanbad Dhanbad Jharkhand MICR CODE

Find MICR Codes for Indusind Bank Dhanbad Dhanbad Jharkhand

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraidhela Jharkhand
Contact 9264445681
Bank Details Indusind Bank Ltd Saraidhela Jharkhand INDB0001416
Location Dhanbad, Dhanbad
City Dhanbad
District Dhanbad
State Jharkhand
Pincode 828127
Country IN
Address Ground floor d s galaxy r s khata no 1115 mouza no 8 mouza saraidhela situated at main road saraidhela dhanbad 828127
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 826234004 for Saraidhela Jharkhand 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 826234004 of Indus Bank, Saraidhela Jharkhand branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Saraidhela Jharkhand 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 -

>>Dhanbad >>Saraidhela Jharkhand

MICR code for Indusind Bank Saraidhela Jharkhand

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 Saraidhela Jharkhand 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. 826234004 is the MICR code of Indusind Bank for Saraidhela Jharkhand branch. MICR code for Saraidhela Jharkhand 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 Saraidhela Jharkhand is presented in the table alongside.

Use of Indus Bank MICR code for Saraidhela Jharkhand branch in dhanbad

The MICR code 826234004 is used in RBI cheque clearing process to identify the branch Saraidhela Jharkhand 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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