Indian Bank Dharmapuri Dharmapuri Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Dharmapuri Dharmapuri Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Microsate Dharmapuri
Contact 04342 264424
Bank Details Indian Bank Microsate Dharmapuri IDIB000M185
Location Dharmapuri, Dharmapuri
City Dharmapuri
District Dharmapuri
State Tamil Nadu
Pincode 633701
Country IN
Address 731/14 d bye passn road opp.govt.medical college hospital dharmapuri 633701
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 Microsate Dharmapuri 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, Microsate Dharmapuri branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Microsate Dharmapuri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Indian Bank are available with micr code -

>>Dharmapuri >>Elakkiampatti >>Kodamandapatti >>Microsate Dharmapuri >>Microsate Marandahalli >>Vennampatti >>Vijayanagaram

MICR code for Indian Bank Microsate Dharmapuri

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 Microsate Dharmapuri 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 Microsate Dharmapuri branch. MICR code for Microsate Dharmapuri 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 Microsate Dharmapuri is presented in the table alongside.

Use of Indian Bank MICR code for Microsate Dharmapuri branch in dharmapuri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Microsate Dharmapuri 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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