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Indusind Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Indusind Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411234002
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	Pune
Contact	020 26343201 26343241
Bank Details	Indusind Bank Ltd Pune INDB0000002

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411001
Country	IN
Address	2401,gen.thimmayya rd. (cantonment), pune - 411 001.

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 411234002 for 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 411234002 of Indus Bank, Pune branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 32 branches of Indusind Bank Ltd are available with micr code -

>>Anand Nagar Sinhagad Road >>Aundh >>Baner Pune >>Bavdhan >>Bhandarkar Road Pune >>Bhosari Pune >>Fatima Nagar Pune >>Kalyani Nagar Pune >>Karvenagar Pune >>Katraj Park >>Kharadi >>Kondhwa Khurd >>Koregaon Park >>Magarpatta >>Main Baner Road Branch >>Mukund Nagar >>Paud Road Pune >>Pimple Nilakh >>Pimple Saudagar >>Pimpri Chinchwad >>Pune >>Pune Ghole Road >>Pune Kharadi >>Ranjangaon Ganpati >>Rasta Peth Pune >>Sadashiv Peth >>Senapati Bapat Road Pune >>Thergaon Pune >>Undri >>Wakad Pune >>Wanowrie Pune >>Warje

MICR code for Indusind Bank 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 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. 411234002 is the MICR code of Indusind Bank for Pune branch. MICR code for 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 Pune is presented in the table alongside.

Use of Indus Bank MICR code for Pune branch in pune

The MICR code 411234002 is used in RBI cheque clearing process to identify the branch 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.