Indian Bank Chandralapadu Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Chandralapadu Krishna Andhra Pradesh

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MICR Code	521019008
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandarlapadu
Contact	08678 282222
Bank Details	Indian Bank Chandarlapadu IDIB000C043

Location	Chandralapadu, Krishna
City	Chandralapadu
District	Krishna
State	Andhra Pradesh
Pincode	521182
Country	IN
Address	Bank street chandralapadu 521182

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 521019008 for Chandarlapadu 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 521019008 of Indian Bank, Chandarlapadu branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Chandarlapadu 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 -

>>Chandarlapadu

MICR code for Indian Bank Chandarlapadu

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 Chandarlapadu 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. 521019008 is the MICR code of Indian Bank for Chandarlapadu branch. MICR code for Chandarlapadu 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 Chandarlapadu is presented in the table alongside.

Use of Indian Bank MICR code for Chandarlapadu branch in chandralapadu

The MICR code 521019008 is used in RBI cheque clearing process to identify the branch Chandarlapadu 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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