Indian Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Madurai Madurai Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madurai
Contact	0
Bank Details	Indian Bank Madurai IDIB000M532

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode
Country	IN
Address	Madurai 1 2 2a amman sannathi street madurai

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 Madurai 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, Madurai branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Madurai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 31 branches of Indian Bank are available with micr code -

>>Alanganallur >>Anna Nagar (Madurai) >>Anupanadi >>Bibikulam >>Bye Pass Road Madurai >>Cumbum >>East Masi Street >>East Veli Street >>Gnanavolipuram >>High Court Branch Madurai >>Ind Msme Madurai >>Ind Retail Vertical Madurai >>K K Nagar Madurai >>Koodal Nagar >>Madurai >>Madurai Annanagar >>Madurai Main >>Microsate Branch Madurai >>Microstat Branch Usilampatti >>Nagamalai Pudukkottai >>Pudur >>South Masi Street >>T V S Nagar >>T V S Nagar >>Tallakulam >>Thapal Thanthi Nagar >>Tirunelveli Jn >>Town Hall Road (Madurai) >>Vandiyur >>Vilakuthoon >>Vilangudi

MICR code for Indian Bank Madurai

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

Use of Indian Bank MICR code for Madurai branch in madurai

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