Indian Bank Jinoriya Aurangabad Bihar MICR CODE

Find MICR Codes for Indian Bank Jinoriya Aurangabad Bihar

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jinoriya
Contact 06328 228920
Bank Details Indian Bank Jinoriya IDIB000J023
Location Jinoriya, Aurangabad
City Jinoriya
District Aurangabad
State Bihar
Pincode 824114
Country IN
Address Jinoriya po khaira deep via daud nagar aurangabad 824114
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 824019003 for Jinoriya 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 824019003 of Indian Bank, Jinoriya branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Jinoriya 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 -

>>Jinoriya

MICR code for Indian Bank Jinoriya

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 Jinoriya 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. 824019003 is the MICR code of Indian Bank for Jinoriya branch. MICR code for Jinoriya 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 Jinoriya is presented in the table alongside.

Use of Indian Bank MICR code for Jinoriya branch in jinoriya

The MICR code 824019003 is used in RBI cheque clearing process to identify the branch Jinoriya 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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