Indian Bank Kandhla Muzaffarnagar Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Kandhla Muzaffarnagar Uttar Pradesh

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MICR Code	247019303
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kandhla
Contact	1392 222070
Bank Details	Indian Bank Kandhla IDIB000K228

Location	Kandhla, Muzaffarnagar
City	Kandhla
District	Muzaffarnagar
State	Uttar Pradesh
Pincode	247775
Country	IN
Address	Near shiv mandir railway road kandhla shamli uttar pradesh-247775

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 247019303 for Kandhla 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 247019303 of Indian Bank, Kandhla branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kandhla 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 -

>>Kandhla

MICR code for Indian Bank Kandhla

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 Kandhla 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. 247019303 is the MICR code of Indian Bank for Kandhla branch. MICR code for Kandhla 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 Kandhla is presented in the table alongside.

Use of Indian Bank MICR code for Kandhla branch in kandhla

The MICR code 247019303 is used in RBI cheque clearing process to identify the branch Kandhla 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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