Indian Bank Ghosi Mau Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Ghosi Mau Uttar Pradesh

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MICR Code	272019102
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Maunath Bhanjan
Contact	0547-2225022
Bank Details	Indian Bank Maunath Bhanjan IDIB000M225

Location	Ghosi, Mau
City	Ghosi
District	Mau
State	Uttar Pradesh
Pincode	275102
Country	IN
Address	257/1 jyoti tower sahadatpura near bunai vidyalay maunath bhanjan - 275102

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 272019102 for Maunath Bhanjan 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 272019102 of Indian Bank, Maunath Bhanjan branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Maunath Bhanjan 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 -

>>Maunath Bhanjan

MICR code for Indian Bank Maunath Bhanjan

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 Maunath Bhanjan 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. 272019102 is the MICR code of Indian Bank for Maunath Bhanjan branch. MICR code for Maunath Bhanjan 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 Maunath Bhanjan is presented in the table alongside.

Use of Indian Bank MICR code for Maunath Bhanjan branch in ghosi

The MICR code 272019102 is used in RBI cheque clearing process to identify the branch Maunath Bhanjan 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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