Indusind Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Indusind Bank Jabalpur Jabalpur Madhya Pradesh

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tilhari Jabalpur
Contact 761-2606400
Bank Details Indusind Bank Ltd Tilhari Jabalpur INDB0002230
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482020
Country IN
Address Ground floor shop no 1 2 katariyas theme park main road tilhari jabalpur madhya pradesh 482020
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 0 for Tilhari Jabalpur 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 0 of Indus Bank, Tilhari Jabalpur branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Tilhari Jabalpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indusind Bank Ltd are available with micr code -

>>Anisha Chowk >>Jabalpur >>Tilhari Jabalpur

MICR code for Indusind Bank Tilhari Jabalpur

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 Tilhari Jabalpur 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. 0 is the MICR code of Indusind Bank for Tilhari Jabalpur branch. MICR code for Tilhari Jabalpur 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 Tilhari Jabalpur is presented in the table alongside.

Use of Indus Bank MICR code for Tilhari Jabalpur branch in jabalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tilhari Jabalpur 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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