Indusind Bank Siliguri Siliguri West Bengal MICR CODE

Find MICR Codes for Indusind Bank Siliguri Siliguri West Bengal

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sevoke Road Siliguri
Contact 2540869
Bank Details Indusind Bank Ltd Sevoke Road Siliguri INDB0001042
Location Siliguri, Siliguri
City Siliguri
District Siliguri
State West Bengal
Pincode 734001
Country IN
Address Balaji arcade opp p c mittal bus stand 2nd mile sevoke road siliguri 734001 west bengal
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 734234003 for Sevoke Road Siliguri 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 734234003 of Indus Bank, Sevoke Road Siliguri branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Sevoke Road Siliguri 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 -

>>Sevoke Road Siliguri

MICR code for Indusind Bank Sevoke Road Siliguri

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 Sevoke Road Siliguri 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. 734234003 is the MICR code of Indusind Bank for Sevoke Road Siliguri branch. MICR code for Sevoke Road Siliguri 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 Sevoke Road Siliguri is presented in the table alongside.

Use of Indus Bank MICR code for Sevoke Road Siliguri branch in siliguri

The MICR code 734234003 is used in RBI cheque clearing process to identify the branch Sevoke Road Siliguri 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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