Indian Bank Ambala Ambala Haryana MICR CODE

Find MICR Codes for Indian Bank Ambala Ambala Haryana

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MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandigarh Barara
Contact	0
Bank Details	Indian Bank Chandigarh Barara IDIB000B646

Location	Ambala, Ambala
City	Ambala
District	Ambala
State	Haryana
Pincode	133201
Country	IN
Address	State haryana pin 133201 near govt model sr school vpo barara di barara

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 Chandigarh Barara 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, Chandigarh Barara branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Chandigarh Barara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Indian Bank are available with micr code -

>>Ambala Cantonment >>Ambala City >>Ambala City >>Chandigarh Aliaspur >>Chandigarh Bara >>Chandigarh Barara >>Machchaunda >>Pintolines

MICR code for Indian Bank Chandigarh Barara

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 Chandigarh Barara 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 Chandigarh Barara branch. MICR code for Chandigarh Barara 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 Chandigarh Barara is presented in the table alongside.

Use of Indian Bank MICR code for Chandigarh Barara branch in ambala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandigarh Barara 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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