Indusind Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Indusind Bank Bangalore Bangalore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560234023
Bank	Indusind Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vidyaranyapura Bengaluru
Contact	8023646872
Bank Details	Indusind Bank Ltd Vidyaranyapura Bengaluru INDB0001103

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560097
Country	IN
Address	Plot no 1239 sy no1 ward no 92nd block bel layout vidyaranyapura bangalore north taluk bangalore 560097

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 560234023 for Vidyaranyapura Bengaluru 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 560234023 of Indus Bank, Vidyaranyapura Bengaluru branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Vidyaranyapura Bengaluru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 56 branches of Indusind Bank Ltd are available with micr code -

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MICR code for Indusind Bank Vidyaranyapura Bengaluru

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 Vidyaranyapura Bengaluru 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. 560234023 is the MICR code of Indusind Bank for Vidyaranyapura Bengaluru branch. MICR code for Vidyaranyapura Bengaluru 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 Vidyaranyapura Bengaluru is presented in the table alongside.

Use of Indus Bank MICR code for Vidyaranyapura Bengaluru branch in bangalore

The MICR code 560234023 is used in RBI cheque clearing process to identify the branch Vidyaranyapura Bengaluru 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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