Indian Bank Akhnoor Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for Indian Bank Akhnoor Jammu Jammu And Kashmir

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MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akhnoor
Contact	9906178274
Bank Details	Indian Bank Akhnoor IDIB000A181

Location	Akhnoor, Jammu
City	Akhnoor
District	Jammu
State	Jammu And Kashmir
Pincode	181201
Country	IN
Address	Shanti colony, ward no.2, akhnoor, jammu, pin-181201

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

A total of 1 branches of Indian Bank are available with micr code -

>>Akhnoor

MICR code for Indian Bank Akhnoor

Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indian Bank MICR code for Akhnoor 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 Indian Bank for Akhnoor branch. MICR code for Akhnoor 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 Indian Bank Akhnoor is presented in the table alongside.

Use of Indian Bank MICR code for Akhnoor branch in akhnoor

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akhnoor and Indian 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 Indian Bank is typically in either of these two font’s: E-138 and CMC-7.

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