Indian Bank Kottucherry Karaikal Pondicherry MICR CODE

Find MICR Codes for Indian Bank Kottucherry Karaikal Pondicherry

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Varichikudi
Contact 9489962599
Bank Details Indian Bank Varichikudi IDIB000V124
Location Kottucherry, Karaikal
City Kottucherry
District Karaikal
State Pondicherry
Pincode 609609
Country IN
Address Rs no 280/5/b, main road, varichikudi,kottucherry taluk, karaikal dist, puducherry pin-609609
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.

Search Indian Bank MICR Codes in karaikal

You can search through MICR Codes of Pondicherry branches in kottucherry of District karaikal in Pondicherry State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Varichikudi

How to find MICR codes for Indian Bank in kottucherry?

Indian Bank kottucherry MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for kottucherry, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank kottucherry branches.

Indian Bank MICR code in kottucherry

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for kottucherry branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in kottucherry, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for kottucherry branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank kottucherry branch, sprinted 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. Thus MICR code for Indian Bank kottucherry branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for kottucherry branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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