Indian Bank Chinthal Chinthal Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Chinthal Chinthal Andhra Pradesh

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MICR Code	500019038
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chinthal
Contact	4023170977
Bank Details	Indian Bank Chinthal IDIB000C135

Location	Chinthal, Chinthal
City	Chinthal
District	Chinthal
State	Andhra Pradesh
Pincode	500054
Country	IN
Address	D.no. J/279 plot no 59&60,sasta bazar complex,kakatiya nagar chinthal,hyderabad rangareddy dist,andrapradesh state,pin 500054

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 500019038 for Chinthal 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 500019038 of Indian Bank, Chinthal branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Chinthal 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 -

>>Chinthal

MICR code for Indian Bank Chinthal

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 Chinthal 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. 500019038 is the MICR code of Indian Bank for Chinthal branch. MICR code for Chinthal 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 Chinthal is presented in the table alongside.

Use of Indian Bank MICR code for Chinthal branch in chinthal

The MICR code 500019038 is used in RBI cheque clearing process to identify the branch Chinthal 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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