Indian Bank Kalol Gandhinagar Gujarat MICR CODE

Find MICR Codes for Indian Bank Kalol Gandhinagar Gujarat

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MICR Code	380019025
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kalol
Contact	8000125327
Bank Details	Indian Bank Kalol IDIB000K315

Location	Kalol, Gandhinagar
City	Kalol
District	Gandhinagar
State	Gujarat
Pincode
Country	IN
Address	1,2,3 khandelwal complex opp vijay ice factory kalol, gandhinagar

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 380019025 for Kalol 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 380019025 of Indian Bank, Kalol branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kalol 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 -

>>Kalol

MICR code for Indian Bank Kalol

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 Kalol 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. 380019025 is the MICR code of Indian Bank for Kalol branch. MICR code for Kalol 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 Kalol is presented in the table alongside.

Use of Indian Bank MICR code for Kalol branch in kalol

The MICR code 380019025 is used in RBI cheque clearing process to identify the branch Kalol 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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