Indian Bank Burakayalakotta Chittor Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Burakayalakotta Chittor Andhra Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Burakayalakota
Contact 08582 251235
Bank Details Indian Bank Burakayalakota IDIB000B032
Location Burakayalakotta, Chittor
City Burakayalakotta
District Chittor
State Andhra Pradesh
Pincode 517351
Country IN
Address Madras-bombay trunk road burakayalakota chittoor 517351
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 517019025 for Burakayalakota 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 517019025 of Indian Bank, Burakayalakota branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Burakayalakota 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 -

>>Burakayalakota

MICR code for Indian Bank Burakayalakota

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 Burakayalakota 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. 517019025 is the MICR code of Indian Bank for Burakayalakota branch. MICR code for Burakayalakota 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 Burakayalakota is presented in the table alongside.

Use of Indian Bank MICR code for Burakayalakota branch in burakayalakotta

The MICR code 517019025 is used in RBI cheque clearing process to identify the branch Burakayalakota 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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