Indusind Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indusind Bank Delhi Delhi New Delhi

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch West Patel Nagar Delhi
Contact 011-25883221, 25883223
Bank Details Indusind Bank Ltd West Patel Nagar Delhi INDB0000319
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110008
Country IN
Address Ground floor, 2w/3, west patel nagar, opp. Metro pillar no 195, new delhi- 110 008
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 110234026 for West Patel Nagar Delhi 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 110234026 of Indus Bank, West Patel Nagar Delhi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for West Patel Nagar Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank West Patel Nagar Delhi

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 West Patel Nagar Delhi 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. 110234026 is the MICR code of Indusind Bank for West Patel Nagar Delhi branch. MICR code for West Patel Nagar Delhi 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 West Patel Nagar Delhi is presented in the table alongside.

Use of Indus Bank MICR code for West Patel Nagar Delhi branch in delhi

The MICR code 110234026 is used in RBI cheque clearing process to identify the branch West Patel Nagar Delhi 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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