Indian Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Indian Bank Patna Patna Bihar

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna City
Contact 0612 2642480
Bank Details Indian Bank Patna City IDIB000P028
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800008
Country IN
Address Jhauganj patna 800008
MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna City
Contact 0
Bank Details Indian Bank Patna City IDIB000P609
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode
Country IN
Address Patna city chowk patna city
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 800019003 for Patna City 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 800019003 of Indian Bank, Patna City branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Patna City branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Patna City

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 Patna City 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. 800019003 is the MICR code of Indian Bank for Patna City branch. MICR code for Patna City 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 Patna City is presented in the table alongside.

Use of Indian Bank MICR code for Patna City branch in patna

The MICR code 800019003 is used in RBI cheque clearing process to identify the branch Patna City 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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