Indian Bank Dhenkanal Dhenkanal Orissa MICR CODE

Find MICR Codes for Indian Bank Dhenkanal Dhenkanal Orissa

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MICR Code	759019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dhenkanal
Contact	06762 2206080
Bank Details	Indian Bank Dhenkanal IDIB000D044

Location	Dhenkanal, Dhenkanal
City	Dhenkanal
District	Dhenkanal
State	Orissa
Pincode	759001
Country	IN
Address	Dhenkanal old cinema lane, jawahar chowk 759001

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 759019006 for Dhenkanal 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 759019006 of Indian Bank, Dhenkanal branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Dhenkanal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Dhekanal >>Dhenkanal

MICR code for Indian Bank Dhenkanal

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 Dhenkanal 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. 759019006 is the MICR code of Indian Bank for Dhenkanal branch. MICR code for Dhenkanal 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 Dhenkanal is presented in the table alongside.

Use of Indian Bank MICR code for Dhenkanal branch in dhenkanal

The MICR code 759019006 is used in RBI cheque clearing process to identify the branch Dhenkanal 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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