Indian Bank Danagadi Jajpur Orissa MICR CODE

Find MICR Codes for Indian Bank Danagadi Jajpur Orissa

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalinganagar
Contact
Bank Details Indian Bank Kalinganagar IDIB000K217
Location Danagadi, Jajpur
City Danagadi
District Jajpur
State Orissa
Pincode 755026
Country IN
Address Danagadi 755026
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.

Search Indian Bank MICR Codes in jajpur

You can search through MICR Codes of Orissa branches in danagadi of District jajpur in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Kalinganagar

How to find MICR codes for Indian Bank in danagadi?

Indian Bank danagadi MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for danagadi, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank danagadi branches.

Indian Bank MICR code in danagadi

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for danagadi branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in danagadi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for danagadi branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank danagadi branch, sprinted 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. Thus MICR code for Indian Bank danagadi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for danagadi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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