Indian Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Indian Bank Vadodara Vadodara Gujarat

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Address

MICR Code	390019007
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Makarpura
Contact	Na
Bank Details	Indian Bank Makarpura IDIB000M282

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390011
Country	IN
Address	Shop no 17 to 20, shreekunj heights, nr thulsidham char rasta, manjalpur -gidc road, vadodara dist, gujarat, pin - 390011

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 390019007 for Makarpura 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 390019007 of Indian Bank, Makarpura branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Makarpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Indian Bank are available with micr code -

>>Alkapuri >>Baroda >>Baroda Ajwa Road >>Fateh Gunj >>Gotri Road (Baroda) >>Ind Msme Vadodara >>Karelibagh >>Makarpura >>New Alkapuri

MICR code for Indian Bank Makarpura

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 Makarpura 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. 390019007 is the MICR code of Indian Bank for Makarpura branch. MICR code for Makarpura 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 Makarpura is presented in the table alongside.

Use of Indian Bank MICR code for Makarpura branch in vadodara

The MICR code 390019007 is used in RBI cheque clearing process to identify the branch Makarpura 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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