Indusind Bank Thippasandra Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Indusind Bank Thippasandra Bangalore Rural Karnataka

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thippasandra
Contact 080 32022266 32022233 32022223
Bank Details Indusind Bank Ltd Thippasandra INDB0000223
Location Thippasandra, Bangalore Rural
City Thippasandra
District Bangalore Rural
State Karnataka
Pincode 560086
Country IN
Address No. 43, 80 feet road, hal 3rd stage, jeevanbheema nagar, opp. To bsnl office, thippasandra, bangalore - 560 086 karnataka
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 560234007 for Thippasandra 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 560234007 of Indus Bank, Thippasandra branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Thippasandra 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 -

>>Thippasandra

MICR code for Indusind Bank Thippasandra

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 Thippasandra 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. 560234007 is the MICR code of Indusind Bank for Thippasandra branch. MICR code for Thippasandra 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 Thippasandra is presented in the table alongside.

Use of Indus Bank MICR code for Thippasandra branch in thippasandra

The MICR code 560234007 is used in RBI cheque clearing process to identify the branch Thippasandra 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.

Copied!