Indian Bank Lawspet Pondicherry Pondicherry MICR CODE

Find MICR Codes for Indian Bank Lawspet Pondicherry Pondicherry

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	605019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lawspet
Contact	0413 2252620
Bank Details	Indian Bank Lawspet IDIB000L007

Location	Lawspet, Pondicherry
City	Lawspet
District	Pondicherry
State	Pondicherry
Pincode	605008
Country	IN
Address	3/49, college road, lawspet, pondicherry pin 605008

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 605019006 for Lawspet 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 605019006 of Indian Bank, Lawspet branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Lawspet 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 -

>>Lawspet

MICR code for Indian Bank Lawspet

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 Lawspet 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. 605019006 is the MICR code of Indian Bank for Lawspet branch. MICR code for Lawspet 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 Lawspet is presented in the table alongside.

Use of Indian Bank MICR code for Lawspet branch in lawspet

The MICR code 605019006 is used in RBI cheque clearing process to identify the branch Lawspet 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.

Copied!