Indian Bank Bellary Bellary Karnataka MICR CODE

Find MICR Codes for Indian Bank Bellary Bellary Karnataka

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cathedral Branch
Contact 0839 2242407
Bank Details Indian Bank Cathedral Branch IDIB000C142
Location Bellary, Bellary
City Bellary
District Bellary
State Karnataka
Pincode 583104
Country IN
Address Bishops house complex beside st. Anthony community center cantonment bellary 583104
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 583019104 for Cathedral Branch 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 583019104 of Indian Bank, Cathedral Branch branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Cathedral Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indian Bank are available with micr code -

>>Bellary >>Bellary >>Cathedral Branch >>Catholic Centre

MICR code for Indian Bank Cathedral Branch

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 Cathedral Branch 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. 583019104 is the MICR code of Indian Bank for Cathedral Branch branch. MICR code for Cathedral Branch 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 Cathedral Branch is presented in the table alongside.

Use of Indian Bank MICR code for Cathedral Branch branch in bellary

The MICR code 583019104 is used in RBI cheque clearing process to identify the branch Cathedral Branch 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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