Indian Bank Kaniapuram Thiruvananthapuram Kerala MICR CODE

Find MICR Codes for Indian Bank Kaniapuram Thiruvananthapuram Kerala

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaniyapuram
Contact 9446005042
Bank Details Indian Bank Kaniyapuram IDIB000K306
Location Kaniapuram, Thiruvananthapuram
City Kaniapuram
District Thiruvananthapuram
State Kerala
Pincode 695316
Country IN
Address Ground floor, sms atrium, kaniyapuram, pallippuram, thiruvananthapuram dist, kerala, pin-695316
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 0 for Kaniyapuram 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 0 of Indian Bank, Kaniyapuram branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kaniyapuram 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 -

>>Kaniyapuram

MICR code for Indian Bank Kaniyapuram

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 Kaniyapuram 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. 0 is the MICR code of Indian Bank for Kaniyapuram branch. MICR code for Kaniyapuram 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 Kaniyapuram is presented in the table alongside.

Use of Indian Bank MICR code for Kaniyapuram branch in kaniapuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kaniyapuram 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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