Indian Bank Tirupattur Tirupattur Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Tirupattur Tirupattur Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nayakaneri
Contact 4174-9360946390
Bank Details Indian Bank Nayakaneri IDIB000N186
Location Tirupattur, Tirupattur
City Tirupattur
District Tirupattur
State Tamil Nadu
Pincode
Country IN
Address Sub primary health center,nayakaneri village & post,madhanur block,ambur taluk,tirupattur
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 Nayakaneri 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, Nayakaneri branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Nayakaneri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>District Collectorate Tirupattur >>Nayakaneri

MICR code for Indian Bank Nayakaneri

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 Nayakaneri 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 Nayakaneri branch. MICR code for Nayakaneri 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 Nayakaneri is presented in the table alongside.

Use of Indian Bank MICR code for Nayakaneri branch in tirupattur

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