Indian Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for Indian Bank Calicut Kozhikode Kerala

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kallai Road
Contact 0495 2702906
Bank Details Indian Bank Kallai Road IDIB000K008
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode 673002
Country IN
Address Rahmat mahal, palayam kallai road kozhikode 673002
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 673019094 for Kallai Road 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 673019094 of Indian Bank, Kallai Road branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kallai Road 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 -

>>Kallai Road >>Kozhikode

MICR code for Indian Bank Kallai Road

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 Kallai Road 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. 673019094 is the MICR code of Indian Bank for Kallai Road branch. MICR code for Kallai Road 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 Kallai Road is presented in the table alongside.

Use of Indian Bank MICR code for Kallai Road branch in calicut

The MICR code 673019094 is used in RBI cheque clearing process to identify the branch Kallai Road 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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