Indusind Bank Sendhwa Barwani Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Sendhwa Barwani Madhya Pradesh

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sendhwa
Contact 222781
Bank Details Indusind Bank Ltd Sendhwa INDB0000808
Location Sendhwa, Barwani
City Sendhwa
District Barwani
State Madhya Pradesh
Pincode 451666
Country IN
Address Grd flr commercial property no 20 188 shyamadas colony a b road ward no 20 sendhwa barwani 451666 mp
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 451234101 for Sendhwa 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 451234101 of Indus Bank, Sendhwa branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sendhwa 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 -

>>Sendhwa

MICR code for Indusind Bank Sendhwa

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 Sendhwa 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. 451234101 is the MICR code of Indusind Bank for Sendhwa branch. MICR code for Sendhwa 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 Sendhwa is presented in the table alongside.

Use of Indus Bank MICR code for Sendhwa branch in sendhwa

The MICR code 451234101 is used in RBI cheque clearing process to identify the branch Sendhwa 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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