Indian Bank Bengaluru Urban Bardhaman Karnataka MICR CODE

Find MICR Codes for Indian Bank Bengaluru Urban Bardhaman Karnataka

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bengaluru Chamrajpet
Contact 0
Bank Details Indian Bank Bengaluru Chamrajpet IDIB000C525
Location Bengaluru Urban, Bardhaman
City Bengaluru Urban
District Bardhaman
State Karnataka
Pincode
Country IN
Address 1st main road chamrajpet no 270 albert victor road bangalore
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 Bengaluru Chamrajpet 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, Bengaluru Chamrajpet branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Bengaluru Chamrajpet 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 -

>>Bengaluru Chamrajpet

MICR code for Indian Bank Bengaluru Chamrajpet

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 Bengaluru Chamrajpet 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 Bengaluru Chamrajpet branch. MICR code for Bengaluru Chamrajpet 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 Bengaluru Chamrajpet is presented in the table alongside.

Use of Indian Bank MICR code for Bengaluru Chamrajpet branch in bengaluru urban

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