Indian Bank Bhawanipatna Kalahandi Orissa MICR CODE

Find MICR Codes for Indian Bank Bhawanipatna Kalahandi Orissa

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhawanipatna
Contact 06670-231858
Bank Details Indian Bank Bhawanipatna IDIB000B107
Location Bhawanipatna, Kalahandi
City Bhawanipatna
District Kalahandi
State Orissa
Pincode 766001
Country IN
Address Plot no 1552 jagannath temple road bhawanipatna 766001
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.

Search Indian Bank MICR Codes in kalahandi

You can search through MICR Codes of Orissa branches in bhawanipatna of District kalahandi in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Bhawanipatna

How to find MICR codes for Indian Bank in bhawanipatna?

Indian Bank bhawanipatna MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for bhawanipatna, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank bhawanipatna branches.

Indian Bank MICR code in bhawanipatna

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for bhawanipatna branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in bhawanipatna, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for bhawanipatna branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank bhawanipatna branch, sprinted 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. Thus MICR code for Indian Bank bhawanipatna branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for bhawanipatna branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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