Indian Bank Kacharapalayam Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Kacharapalayam Villupuram Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karadichithur
Contact 04151 23 1666
Bank Details Indian Bank Karadichithur IDIB000K227
Location Kacharapalayam, Villupuram
City Kacharapalayam
District Villupuram
State Tamil Nadu
Pincode 606207
Country IN
Address 1/140 nadu street karadichithur villupuram tamil nadu 606207
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 605019096 for Karadichithur 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 605019096 of Indian Bank, Karadichithur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Karadichithur 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 -

>>Kacharapalayam >>Karadichithur

MICR code for Indian Bank Karadichithur

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 Karadichithur 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. 605019096 is the MICR code of Indian Bank for Karadichithur branch. MICR code for Karadichithur 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 Karadichithur is presented in the table alongside.

Use of Indian Bank MICR code for Karadichithur branch in kacharapalayam

The MICR code 605019096 is used in RBI cheque clearing process to identify the branch Karadichithur 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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