Indian Bank Lalpet Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Lalpet Cuddalore Tamil Nadu

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MICR Code	608019094
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lalpet
Contact	04144 269052
Bank Details	Indian Bank Lalpet IDIB000L001

Location	Lalpet, Cuddalore
City	Lalpet
District	Cuddalore
State	Tamil Nadu
Pincode	608303
Country	IN
Address	16 school street lalpet cuddalore 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 608019094 for Lalpet 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 608019094 of Indian Bank, Lalpet branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Lalpet 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 -

>>Lalpet

MICR code for Indian Bank Lalpet

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 Lalpet 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. 608019094 is the MICR code of Indian Bank for Lalpet branch. MICR code for Lalpet 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 Lalpet is presented in the table alongside.

Use of Indian Bank MICR code for Lalpet branch in lalpet

The MICR code 608019094 is used in RBI cheque clearing process to identify the branch Lalpet 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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