Indian Bank Hamirpur Imiliya Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Hamirpur Imiliya Uttar Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Imiliya
Contact 0
Bank Details Indian Bank Imiliya IDIB000I518
Location Hamirpur, Imiliya
City Hamirpur
District Imiliya
State Uttar Pradesh
Pincode
Country IN
Address Hamirpur village and p o imiliya maudaha tehsil
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 0 for Imiliya 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 0 of Indian Bank, Imiliya branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Imiliya 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 -

>>Imiliya

MICR code for Indian Bank Imiliya

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 Imiliya 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. 0 is the MICR code of Indian Bank for Imiliya branch. MICR code for Imiliya 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 Imiliya is presented in the table alongside.

Use of Indian Bank MICR code for Imiliya branch in hamirpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Imiliya 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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