Indian Bank Muthupet Tiruvarur Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Muthupet Tiruvarur Tamil Nadu

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MICR Code	614019065
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Muthupet
Contact	04369 260670
Bank Details	Indian Bank Muthupet IDIB000M179

Location	Muthupet, Tiruvarur
City	Muthupet
District	Tiruvarur
State	Tamil Nadu
Pincode	614704
Country	IN
Address	Bank street muthupet mannargudi tk tiruvarur dist 6147054

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 614019065 for Muthupet 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 614019065 of Indian Bank, Muthupet branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Muthupet 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 -

>>Muthupet

MICR code for Indian Bank Muthupet

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 Muthupet 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. 614019065 is the MICR code of Indian Bank for Muthupet branch. MICR code for Muthupet 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 Muthupet is presented in the table alongside.

Use of Indian Bank MICR code for Muthupet branch in muthupet

The MICR code 614019065 is used in RBI cheque clearing process to identify the branch Muthupet 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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