Indian Bank Prabudh Nagar Kudana Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Prabudh Nagar Kudana Uttar Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kudana
Contact 0
Bank Details Indian Bank Kudana IDIB000K817
Location Prabudh Nagar, Kudana
City Prabudh Nagar
District Kudana
State Uttar Pradesh
Pincode
Country IN
Address Na
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 Kudana 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, Kudana branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kudana 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 -

>>Kudana

MICR code for Indian Bank Kudana

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 Kudana 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 Kudana branch. MICR code for Kudana 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 Kudana is presented in the table alongside.

Use of Indian Bank MICR code for Kudana branch in prabudh nagar

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