Indian Bank Vellore Vellore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Vellore Vellore Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch District Collectorate Vellore
Contact 9944773942
Bank Details Indian Bank District Collectorate Vellore IDIB000D087
Location Vellore, Vellore
City Vellore
District Vellore
State Tamil Nadu
Pincode 632009
Country IN
Address District collector office, vellore, tamilnadu, pin-632009
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 632019051 for District Collectorate Vellore 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 632019051 of Indian Bank, District Collectorate Vellore branch makes the system almost error free and faster. Use of Indian Bank MICR codes for District Collectorate Vellore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank District Collectorate Vellore

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 District Collectorate Vellore 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. 632019051 is the MICR code of Indian Bank for District Collectorate Vellore branch. MICR code for District Collectorate Vellore 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 District Collectorate Vellore is presented in the table alongside.

Use of Indian Bank MICR code for District Collectorate Vellore branch in vellore

The MICR code 632019051 is used in RBI cheque clearing process to identify the branch District Collectorate Vellore 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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