Indian Bank Gautam Buddha Nagar Noida Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Gautam Buddha Nagar Noida Uttar Pradesh

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida Service Window
Contact 0
Bank Details Indian Bank Noida Service Window IDIB000N614
Location Gautam Buddha Nagar, Noida
City Gautam Buddha Nagar
District Noida
State Uttar Pradesh
Pincode
Country IN
Address Sector-51 house no b-1a/19 and 20 noida sector-51
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 Noida Service Window 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, Noida Service Window branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Noida Service Window 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 -

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MICR code for Indian Bank Noida Service Window

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 Noida Service Window 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 Noida Service Window branch. MICR code for Noida Service Window 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 Noida Service Window is presented in the table alongside.

Use of Indian Bank MICR code for Noida Service Window branch in gautam buddha nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Noida Service Window 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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