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 Main
Contact 0612 2222257
Bank Details Indian Bank Patna Main IDIB000P027
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Biscomaun bhavan west gandhi maidan patna 800001
MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Main
Contact 0
Bank Details Indian Bank Patna Main IDIB000P611
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode
Country IN
Address Patna patna-gaya rd p-b-no-35 patna-1
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 800019002 for Patna Main 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 800019002 of Indian Bank, Patna Main branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Patna Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Patna Main

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 Main 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. 800019002 is the MICR code of Indian Bank for Patna Main branch. MICR code for Patna Main 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 Main is presented in the table alongside.

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

The MICR code 800019002 is used in RBI cheque clearing process to identify the branch Patna Main 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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