Indusind Bank Not Available Pune Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Not Available Pune Maharashtra

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Viman Nagar Pune
Contact
Bank Details Indusind Bank Ltd Viman Nagar Pune INDB0000380
Location Not Available, Pune
City Not Available
District Pune
State Maharashtra
Pincode 411014
Country IN
Address Ground floor of shop no. G-1, g-2, g-3 and 4, neco nx, next to neco gardens, sry no 209(part), viman nagar, pune-411 014, maharashtra
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 411234009 for Viman Nagar Pune 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 411234009 of Indus Bank, Viman Nagar Pune branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Viman Nagar Pune 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 -

>>Kothrud Pune >>Viman Nagar Pune

MICR code for Indusind Bank Viman Nagar Pune

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 Viman Nagar Pune 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. 411234009 is the MICR code of Indusind Bank for Viman Nagar Pune branch. MICR code for Viman Nagar Pune 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 Viman Nagar Pune is presented in the table alongside.

Use of Indus Bank MICR code for Viman Nagar Pune branch in not available

The MICR code 411234009 is used in RBI cheque clearing process to identify the branch Viman Nagar Pune 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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