Indian Bank Denduluru West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Denduluru West Godavari Andhra Pradesh

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MICR Code	534019011
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Denduluru
Contact	08829 255325
Bank Details	Indian Bank Denduluru IDIB000D009

Location	Denduluru, West Godavari
City	Denduluru
District	West Godavari
State	Andhra Pradesh
Pincode	534432
Country	IN
Address	2/111 main road denduluru west godavari dt 534432

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 534019011 for Denduluru 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 534019011 of Indian Bank, Denduluru branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Denduluru 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 -

>>Denduluru

MICR code for Indian Bank Denduluru

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 Denduluru 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. 534019011 is the MICR code of Indian Bank for Denduluru branch. MICR code for Denduluru 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 Denduluru is presented in the table alongside.

Use of Indian Bank MICR code for Denduluru branch in denduluru

The MICR code 534019011 is used in RBI cheque clearing process to identify the branch Denduluru 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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