Indian Bank Nadanthai Namakkal Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Nadanthai Namakkal Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nadanthai
Contact 04268 257635
Bank Details Indian Bank Nadanthai IDIB000N060
Location Nadanthai, Namakkal
City Nadanthai
District Namakkal
State Tamil Nadu
Pincode 637206
Country IN
Address Main road nadanthai namakkal 637206
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 637019011 for Nadanthai 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 637019011 of Indian Bank, Nadanthai branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Nadanthai 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 -

>>Nadanthai

MICR code for Indian Bank Nadanthai

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 Nadanthai 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. 637019011 is the MICR code of Indian Bank for Nadanthai branch. MICR code for Nadanthai 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 Nadanthai is presented in the table alongside.

Use of Indian Bank MICR code for Nadanthai branch in nadanthai

The MICR code 637019011 is used in RBI cheque clearing process to identify the branch Nadanthai 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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