Indian Bank Pallapatti Namakkal Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Pallapatti Namakkal Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pallapatti
Contact 04320 244680
Bank Details Indian Bank Pallapatti IDIB000P092
Location Pallapatti, Namakkal
City Pallapatti
District Namakkal
State Tamil Nadu
Pincode 637017
Country IN
Address Mahendra illam mohanur main road palapatti namakkal 637017
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 637019014 for Pallapatti 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 637019014 of Indian Bank, Pallapatti branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Pallapatti 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 -

>>Pallapatti

MICR code for Indian Bank Pallapatti

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 Pallapatti 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. 637019014 is the MICR code of Indian Bank for Pallapatti branch. MICR code for Pallapatti 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 Pallapatti is presented in the table alongside.

Use of Indian Bank MICR code for Pallapatti branch in pallapatti

The MICR code 637019014 is used in RBI cheque clearing process to identify the branch Pallapatti 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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