Indian Bank Paravur Ernakulam Kerala MICR CODE

Find MICR Codes for Indian Bank Paravur Ernakulam Kerala

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch North Paravur
Contact 0484 2445880
Bank Details Indian Bank North Paravur IDIB000N128
Location Paravur, Ernakulam
City Paravur
District Ernakulam
State Kerala
Pincode 683513
Country IN
Address Mgm hall, ist floor,st. Thomas jacobite syrian church,north paravur
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 682019013 for North Paravur 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 682019013 of Indian Bank, North Paravur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for North Paravur 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 -

>>North Paravur

MICR code for Indian Bank North Paravur

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 North Paravur 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. 682019013 is the MICR code of Indian Bank for North Paravur branch. MICR code for North Paravur 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 North Paravur is presented in the table alongside.

Use of Indian Bank MICR code for North Paravur branch in paravur

The MICR code 682019013 is used in RBI cheque clearing process to identify the branch North Paravur 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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