Indian Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Indian Bank Mangalore Dakshin Kannad Karnataka

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badaga Yedapadavu
Contact 0824-2255044
Bank Details Indian Bank Badaga Yedapadavu IDIB000B144
Location Mangalore, Dakshin Kannad
City Mangalore
District Dakshin Kannad
State Karnataka
Pincode 574146
Country IN
Address Main road yedapadavu dakshin kannada shibrikere post karnataka-574146
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 575019005 for Badaga Yedapadavu 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 575019005 of Indian Bank, Badaga Yedapadavu branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Badaga Yedapadavu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indian Bank are available with micr code -

>>Badaga Yedapadavu >>Bejai Kapikad Mangalore >>Pumpwell Junction Mangalore

MICR code for Indian Bank Badaga Yedapadavu

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 Badaga Yedapadavu 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. 575019005 is the MICR code of Indian Bank for Badaga Yedapadavu branch. MICR code for Badaga Yedapadavu 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 Badaga Yedapadavu is presented in the table alongside.

Use of Indian Bank MICR code for Badaga Yedapadavu branch in mangalore

The MICR code 575019005 is used in RBI cheque clearing process to identify the branch Badaga Yedapadavu 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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