Indian Bank Jatwara Jaipur Rajasthan MICR CODE

Find MICR Codes for Indian Bank Jatwara Jaipur Rajasthan

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Niwaru Road
Contact 8239387799
Bank Details Indian Bank Niwaru Road IDIB000N160
Location Jatwara, Jaipur
City Jatwara
District Jaipur
State Rajasthan
Pincode 302032
Country IN
Address Shop no.1, 150, prime tower, niwaru road, jhotwara industrial area, jaipur dist, rajasthan, pin-302012
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.

Search Indian Bank MICR Codes in jaipur

You can search through MICR Codes of Rajasthan branches in jatwara of District jaipur in Rajasthan State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Niwaru Road

How to find MICR codes for Indian Bank in jatwara?

Indian Bank jatwara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for jatwara, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank jatwara branches.

Indian Bank MICR code in jatwara

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for jatwara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in jatwara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for jatwara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank jatwara branch, sprinted 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. Thus MICR code for Indian Bank jatwara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for jatwara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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