Indian Bank Bamanwas Sawai Madhopur Rajasthan MICR CODE

Find MICR Codes for Indian Bank Bamanwas Sawai Madhopur Rajasthan

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MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Naroli Chaur
Contact	9899313506
Bank Details	Indian Bank Naroli Chaur IDIB000N145

Location	Bamanwas, Sawai Madhopur
City	Bamanwas
District	Sawai Madhopur
State	Rajasthan
Pincode	322214
Country	IN
Address	Gram panchayat, village naroli chaur, old panchayat building, bamanwas teh, sawai madhopur dist, rajasthan, pin - 322214

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

>>Naroli Chaur

MICR code for Indian Bank Naroli Chaur

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 Naroli Chaur 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 Naroli Chaur branch. MICR code for Naroli Chaur 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 Naroli Chaur is presented in the table alongside.

Use of Indian Bank MICR code for Naroli Chaur branch in bamanwas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Naroli Chaur 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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