Indian Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Indian Bank Surat Surat Gujarat

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District
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Address

MICR Code	395019003
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Athwalines
Contact	0261 2220047
Bank Details	Indian Bank Athwalines IDIB000A063

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395007
Country	IN
Address	Corner point shopping complex city light 395007

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 395019003 for Athwalines 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 395019003 of Indian Bank, Athwalines branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Athwalines branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Indian Bank are available with micr code -

>>Adajan >>Athwalines >>Bhatar >>Ind Msme Surat >>Katargam >>Nana Varacha >>New Adajan >>Parvat Patia >>Salabatpura >>Surat >>Surat Bombay Market >>Surat Nanpura Main Branch >>Varachha

MICR code for Indian Bank Athwalines

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 Athwalines 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. 395019003 is the MICR code of Indian Bank for Athwalines branch. MICR code for Athwalines 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 Athwalines is presented in the table alongside.

Use of Indian Bank MICR code for Athwalines branch in surat

The MICR code 395019003 is used in RBI cheque clearing process to identify the branch Athwalines 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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