Indian Bank Vellore Vellore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Vellore Vellore Tamil Nadu

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Govt. Vellore Medical College
Contact 0416-2261111
Bank Details Indian Bank Govt. Vellore Medical College IDIB000G070
Location Vellore, Vellore
City Vellore
District Vellore
State Tamil Nadu
Pincode 632011
Country IN
Address Govt. Vellore medical college adukkambarai vellore 632011
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 632019017 for Govt. Vellore Medical College 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 632019017 of Indian Bank, Govt. Vellore Medical College branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Govt. Vellore Medical College branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Govt. Vellore Medical College

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 Govt. Vellore Medical College 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. 632019017 is the MICR code of Indian Bank for Govt. Vellore Medical College branch. MICR code for Govt. Vellore Medical College 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 Govt. Vellore Medical College is presented in the table alongside.

Use of Indian Bank MICR code for Govt. Vellore Medical College branch in vellore

The MICR code 632019017 is used in RBI cheque clearing process to identify the branch Govt. Vellore Medical College 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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