Indian Bank Kashipur Udham Singh Nagar Uttrakhand MICR CODE

Find MICR Codes for Indian Bank Kashipur Udham Singh Nagar Uttrakhand

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kashipur
Contact 05947 261159
Bank Details Indian Bank Kashipur IDIB000K209
Location Kashipur, Udham Singh Nagar
City Kashipur
District Udham Singh Nagar
State Uttrakhand
Pincode 244713
Country IN
Address Maharana pratap chowk station road opp. Bhikkumal petrol pump kashipur 244713
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 244019202 for Kashipur 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 244019202 of Indian Bank, Kashipur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kashipur 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 -

>>Kashipur

MICR code for Indian Bank Kashipur

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 Kashipur 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. 244019202 is the MICR code of Indian Bank for Kashipur branch. MICR code for Kashipur 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 Kashipur is presented in the table alongside.

Use of Indian Bank MICR code for Kashipur branch in kashipur

The MICR code 244019202 is used in RBI cheque clearing process to identify the branch Kashipur 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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