Indusind Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Indusind Bank Mangalore Dakshin Kannad Karnataka

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Mcc Bank Ltd Hampankatta
Contact Michael D'Costa Mob-9632346515, Vilma Pais Mob-9448600620, Blanche Fernandes 0824-2421369
Bank Details Indusind Bank Ltd The Mcc Bank Ltd Hampankatta INDB0MCC002
Location Mangalore, Dakshin Kannad
City Mangalore
District Dakshin Kannad
State Karnataka
Pincode 575002
Country IN
Address Light house hill road,hampanakatta
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 575301001 for The Mcc Bank Ltd Hampankatta 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 575301001 of Indus Bank, The Mcc Bank Ltd Hampankatta branch makes the system almost error free and faster. Use of Indus Bank MICR codes for The Mcc Bank Ltd Hampankatta branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank The Mcc Bank Ltd Hampankatta

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 The Mcc Bank Ltd Hampankatta 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. 575301001 is the MICR code of Indusind Bank for The Mcc Bank Ltd Hampankatta branch. MICR code for The Mcc Bank Ltd Hampankatta 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 The Mcc Bank Ltd Hampankatta is presented in the table alongside.

Use of Indus Bank MICR code for The Mcc Bank Ltd Hampankatta branch in mangalore

The MICR code 575301001 is used in RBI cheque clearing process to identify the branch The Mcc Bank Ltd Hampankatta 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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