Indian Bank North Lakhimpur Lakhimpur Assam MICR CODE

Find MICR Codes for Indian Bank North Lakhimpur Lakhimpur Assam

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MICR Code	787019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lakhimpur
Contact	01765-220122
Bank Details	Indian Bank Lakhimpur IDIB000N048

Location	North Lakhimpur, Lakhimpur
City	North Lakhimpur
District	Lakhimpur
State	Assam
Pincode	787001
Country	IN
Address	I floor abbas market malpani chariali ward no 11 k b road 787001

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 787019006 for Lakhimpur 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 787019006 of Indian Bank, Lakhimpur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Lakhimpur 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 -

>>Lakhimpur

MICR code for Indian Bank Lakhimpur

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 Lakhimpur 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. 787019006 is the MICR code of Indian Bank for Lakhimpur branch. MICR code for Lakhimpur 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 Lakhimpur is presented in the table alongside.

Use of Indian Bank MICR code for Lakhimpur branch in north lakhimpur

The MICR code 787019006 is used in RBI cheque clearing process to identify the branch Lakhimpur 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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