Indian Bank Okkur Sivaganga Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Okkur Sivaganga Tamil Nadu

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MICR Code	630019089
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Okkur
Contact	04575 233238
Bank Details	Indian Bank Okkur IDIB000O020

Location	Okkur, Sivaganga
City	Okkur
District	Sivaganga
State	Tamil Nadu
Pincode	630557
Country	IN
Address	4/44-a main road okkur sivagangai 630557

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 630019089 for Okkur 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 630019089 of Indian Bank, Okkur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Okkur 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 -

>>Okkur

MICR code for Indian Bank Okkur

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 Okkur 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. 630019089 is the MICR code of Indian Bank for Okkur branch. MICR code for Okkur 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 Okkur is presented in the table alongside.

Use of Indian Bank MICR code for Okkur branch in okkur

The MICR code 630019089 is used in RBI cheque clearing process to identify the branch Okkur 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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