Indian Bank Bargur Krishnagiri Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Bargur Krishnagiri Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bargur
Contact 04343 265534
Bank Details Indian Bank Bargur IDIB000B010
Location Bargur, Krishnagiri
City Bargur
District Krishnagiri
State Tamil Nadu
Pincode 635104
Country IN
Address 128/a chennai road bargur krishnagiri 635104
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 635019015 for Bargur 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 635019015 of Indian Bank, Bargur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Bargur 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 -

>>Bargur

MICR code for Indian Bank Bargur

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 Bargur 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. 635019015 is the MICR code of Indian Bank for Bargur branch. MICR code for Bargur 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 Bargur is presented in the table alongside.

Use of Indian Bank MICR code for Bargur branch in bargur

The MICR code 635019015 is used in RBI cheque clearing process to identify the branch Bargur 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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