Indian Bank Marakkanam Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Marakkanam Villupuram Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	604019091
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Marakkanam
Contact	04147 239226
Bank Details	Indian Bank Marakkanam IDIB000M133

Location	Marakkanam, Villupuram
City	Marakkanam
District	Villupuram
State	Tamil Nadu
Pincode	604303
Country	IN
Address	9 agraharam street marakkanam villupuram 604303

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 604019091 for Marakkanam 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 604019091 of Indian Bank, Marakkanam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Marakkanam 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 -

>>Marakkanam

MICR code for Indian Bank Marakkanam

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 Marakkanam 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. 604019091 is the MICR code of Indian Bank for Marakkanam branch. MICR code for Marakkanam 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 Marakkanam is presented in the table alongside.

Use of Indian Bank MICR code for Marakkanam branch in marakkanam

The MICR code 604019091 is used in RBI cheque clearing process to identify the branch Marakkanam 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!