Indian Bank Maraimalai Nagar Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Maraimalai Nagar Kancheepuram Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maraimalai Nagar
Contact 04114 252241
Bank Details Indian Bank Maraimalai Nagar IDIB000M122
Location Maraimalai Nagar, Kancheepuram
City Maraimalai Nagar
District Kancheepuram
State Tamil Nadu
Pincode 603209
Country IN
Address 28-a thiruvalluvar salai, nh-i maraimalai nagar kancheepuram 603209
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 600019110 for Maraimalai Nagar 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 600019110 of Indian Bank, Maraimalai Nagar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Maraimalai Nagar 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 -

>>Maraimalai Nagar

MICR code for Indian Bank Maraimalai Nagar

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 Maraimalai Nagar 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. 600019110 is the MICR code of Indian Bank for Maraimalai Nagar branch. MICR code for Maraimalai Nagar 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 Maraimalai Nagar is presented in the table alongside.

Use of Indian Bank MICR code for Maraimalai Nagar branch in maraimalai nagar

The MICR code 600019110 is used in RBI cheque clearing process to identify the branch Maraimalai Nagar 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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