Indian Bank Golaghat Bangaon Assam MICR CODE

Find MICR Codes for Indian Bank Golaghat Bangaon Assam

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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	Bangaon
Contact	0
Bank Details	Indian Bank Bangaon IDIB000B610

Location	Golaghat, Bangaon
City	Golaghat
District	Bangaon
State	Assam
Pincode	785611
Country	IN
Address	Bangaon vill and po badulipar dist golaghat 785611

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

>>Bangaon

MICR code for Indian Bank Bangaon

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 Bangaon 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 Bangaon branch. MICR code for Bangaon 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 Bangaon is presented in the table alongside.

Use of Indian Bank MICR code for Bangaon branch in golaghat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangaon 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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