Indian Bank Malri Jalandhar Punjab MICR CODE

Find MICR Codes for Indian Bank Malri Jalandhar Punjab

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malri
Contact 01821 220147
Bank Details Indian Bank Malri IDIB000M068
Location Malri, Jalandhar
City Malri
District Jalandhar
State Punjab
Pincode 144040
Country IN
Address Malri the nakodar jalandhar 144040
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.

Search Indian Bank MICR Codes in jalandhar

You can search through MICR Codes of Punjab branches in malri of District jalandhar in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Malri

How to find MICR codes for Indian Bank in malri?

Indian Bank malri MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for malri, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank malri branches.

Indian Bank MICR code in malri

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for malri branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in malri, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for malri branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank malri branch, sprinted 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. Thus MICR code for Indian Bank malri branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for malri branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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