Indusind Bank Karkala Udipi Karnataka MICR CODE

Find MICR Codes for Indusind Bank Karkala Udipi Karnataka

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Mcc Bank Ltd Karkal
Contact Deril John Lasrodo Mob-9686921218, Lenny Crasta Mob-9535259438, Rayan Praveen K. Ph-08258235600
Bank Details Indusind Bank Ltd The Mcc Bank Ltd Karkal INDB0MCC017
Location Karkala, Udipi
City Karkala
District Udipi
State Karnataka
Pincode 574104
Country IN
Address Kaushik pinnacle, near taluk office, karkala-574104
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 575301014 for The Mcc Bank Ltd Karkal 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 575301014 of Indus Bank, The Mcc Bank Ltd Karkal branch makes the system almost error free and faster. Use of Indus Bank MICR codes for The Mcc Bank Ltd Karkal 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 -

>>The Mcc Bank Ltd Karkal >>The Mcc Bank Ltd Moodbidri

MICR code for Indusind Bank The Mcc Bank Ltd Karkal

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 Karkal 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. 575301014 is the MICR code of Indusind Bank for The Mcc Bank Ltd Karkal branch. MICR code for The Mcc Bank Ltd Karkal 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 Karkal is presented in the table alongside.

Use of Indus Bank MICR code for The Mcc Bank Ltd Karkal branch in karkala

The MICR code 575301014 is used in RBI cheque clearing process to identify the branch The Mcc Bank Ltd Karkal 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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