Indian Bank Badarpur Faridabad Haryana MICR CODE

Find MICR Codes for Indian Bank Badarpur Faridabad Haryana

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MICR Code	110019027
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Badarpur
Contact	0129 2275836
Bank Details	Indian Bank Badarpur IDIB000B002

Location	Badarpur, Faridabad
City	Badarpur
District	Faridabad
State	Haryana
Pincode	121003
Country	IN
Address	12/3, mathura road, amar nagar post, faridabad dist. Pin 121003

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 110019027 for Badarpur 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 110019027 of Indian Bank, Badarpur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Badarpur 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 -

>>Badarpur

MICR code for Indian Bank Badarpur

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 Badarpur 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. 110019027 is the MICR code of Indian Bank for Badarpur branch. MICR code for Badarpur 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 Badarpur is presented in the table alongside.

Use of Indian Bank MICR code for Badarpur branch in badarpur

The MICR code 110019027 is used in RBI cheque clearing process to identify the branch Badarpur 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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