Indian Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

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MICR Code	500019018
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jubilee Hills
Contact	040 27713429
Bank Details	Indian Bank Jubilee Hills IDIB000H025

Location	Secunderabad Cantonment, Hyderabad Urban
City	Secunderabad Cantonment
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500003
Country	IN
Address	4-3-76/1-5 & 6 hill street ranikunj secunderabad 500003

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 500019018 for Jubilee Hills 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 500019018 of Indian Bank, Jubilee Hills branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Jubilee Hills 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 -

>>Jubilee Hills >>Secunderabad

MICR code for Indian Bank Jubilee Hills

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 Jubilee Hills 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. 500019018 is the MICR code of Indian Bank for Jubilee Hills branch. MICR code for Jubilee Hills 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 Jubilee Hills is presented in the table alongside.

Use of Indian Bank MICR code for Jubilee Hills branch in secunderabad cantonment

The MICR code 500019018 is used in RBI cheque clearing process to identify the branch Jubilee Hills 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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