Indian Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Indian Bank Gurgaon Gurgaon Haryana

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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	Palam Vihar Gurgaon
Contact	0
Bank Details	Indian Bank Palam Vihar Gurgaon IDIB000P529

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode
Country	IN
Address	Opposite h block plot no 525 saini plaza market ansal palam palam vihar

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 Palam Vihar Gurgaon 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, Palam Vihar Gurgaon branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Palam Vihar Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Indian Bank are available with micr code -

>>Bajghera >>Daultabad >>Dhanwanpur >>Farukh Nagar >>Gurgaon >>Gurgaon >>Gurgaon Hero Honda Chowk >>I M T Manesar >>Khandsa Road >>Palam Vihar Gurgaon >>Sector 17 Gurgaon >>Sector 31 Gurgaon >>Sector 55 Gurgaon >>Sector Fifteen Gurgaon >>Sector Fifty Six Gurgaon >>Sector Four Gurgaon >>Sector Gurgaon >>Sector Nine Gurgaon >>Sikanderpur Badha >>Sohna Road >>Sushant Lok >>Sushant Lok Gurgaon >>Udyog Vihar Gurgaon >>Ullahawas

MICR code for Indian Bank Palam Vihar Gurgaon

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 Palam Vihar Gurgaon 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 Palam Vihar Gurgaon branch. MICR code for Palam Vihar Gurgaon 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 Palam Vihar Gurgaon is presented in the table alongside.

Use of Indian Bank MICR code for Palam Vihar Gurgaon branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palam Vihar Gurgaon 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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