Indian Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Indian Bank Jalandhar Jalandhar Punjab

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MICR Code	144019002
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dayal Nagar
Contact	0181-2203911
Bank Details	Indian Bank Dayal Nagar IDIB000D062

Location	Jalandhar, Jalandhar
City	Jalandhar
District	Jalandhar
State	Punjab
Pincode	144003
Country	IN
Address	B/38-4410 avtar nagar road dayal nagar 144003

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 144019002 for Dayal Nagar 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 144019002 of Indian Bank, Dayal Nagar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Dayal Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Indian Bank are available with micr code -

>>Amritsar Civil Lines >>Chomo >>Crpf Sarai Khas >>Dayal Nagar >>Focal Point >>Jalandhar >>Jalandhar Bye Pass >>Jalandhar City >>Jalandhar Urban Estate >>Nawanshahr Doaba >>Phillaur >>Randhawa Masanda >>Ravidas Chowk Jalandher

MICR code for Indian Bank Dayal Nagar

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 Dayal Nagar 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. 144019002 is the MICR code of Indian Bank for Dayal Nagar branch. MICR code for Dayal Nagar 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 Dayal Nagar is presented in the table alongside.

Use of Indian Bank MICR code for Dayal Nagar branch in jalandhar

The MICR code 144019002 is used in RBI cheque clearing process to identify the branch Dayal Nagar 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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