Indian Bank Cuddalore Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Cuddalore Cuddalore Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	608019010
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kollumedu
Contact	04144 256300
Bank Details	Indian Bank Kollumedu IDIB000K139

Location	Cuddalore, Cuddalore
City	Cuddalore
District	Cuddalore
State	Tamil Nadu
Pincode	608303
Country	IN
Address	Small street kollumedu 608303

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 608019010 for Kollumedu 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 608019010 of Indian Bank, Kollumedu branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kollumedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Indian Bank are available with micr code -

>>Cuddalore >>Cuddalore Main >>Cuddalore Port >>E Keeranur >>Kollumedu >>Ramanatham >>Semmandalam >>Solatharam >>Tiruppapuliyur

MICR code for Indian Bank Kollumedu

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 Kollumedu 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. 608019010 is the MICR code of Indian Bank for Kollumedu branch. MICR code for Kollumedu 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 Kollumedu is presented in the table alongside.

Use of Indian Bank MICR code for Kollumedu branch in cuddalore

The MICR code 608019010 is used in RBI cheque clearing process to identify the branch Kollumedu 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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