Indian Bank Udayarpalayam Perambalur Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Udayarpalayam Perambalur Tamil Nadu

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MICR Code	621019008
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jayankondam
Contact	04331 250175
Bank Details	Indian Bank Jayankondam IDIB000J035

Location	Udayarpalayam, Perambalur
City	Udayarpalayam
District	Perambalur
State	Tamil Nadu
Pincode	621802
Country	IN
Address	54, sannadhi street jayankondam udayarpalayam tk 621802

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 621019008 for Jayankondam 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 621019008 of Indian Bank, Jayankondam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Jayankondam 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 -

>>Jayankondam >>Udayarpalayam

MICR code for Indian Bank Jayankondam

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 Jayankondam 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. 621019008 is the MICR code of Indian Bank for Jayankondam branch. MICR code for Jayankondam 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 Jayankondam is presented in the table alongside.

Use of Indian Bank MICR code for Jayankondam branch in udayarpalayam

The MICR code 621019008 is used in RBI cheque clearing process to identify the branch Jayankondam 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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