Indian Bank Mahoba Mahoba Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Mahoba Mahoba Uttar Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mawai Khurd
Contact 91-8601986319
Bank Details Indian Bank Mawai Khurd IDIB000M397
Location Mahoba, Mahoba
City Mahoba
District Mahoba
State Uttar Pradesh
Pincode 210504
Country IN
Address Village & po mawai khurd, block kabrai, dist mahoba-210504
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 0 for Mawai Khurd 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 0 of Indian Bank, Mawai Khurd branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Mawai Khurd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Indian Bank are available with micr code -

>>Belatal >>Bhandara >>Bilkhi >>Charkari >>Hamirpur Gaurhari >>Hamirpur Surha >>Mahoba >>Mawai Khurd >>Pipra Maaf >>Srinagarbyu P By

MICR code for Indian Bank Mawai Khurd

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 Mawai Khurd 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. 0 is the MICR code of Indian Bank for Mawai Khurd branch. MICR code for Mawai Khurd 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 Mawai Khurd is presented in the table alongside.

Use of Indian Bank MICR code for Mawai Khurd branch in mahoba

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mawai Khurd 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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