Indian Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Indian Bank Patna Patna Bihar

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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	Patna University
Contact	0
Bank Details	Indian Bank Patna University IDIB000P616

Location	Patna, Patna
City	Patna
District	Patna
State	Bihar
Pincode
Country	IN
Address	Patna patna university br- patna

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

A total of 37 branches of Indian Bank are available with micr code -

>>Agriculture Research Institute >>Aiims Patna >>B D Evening Colldge Patna >>Bailey Road >>Beur >>Biec >>Bihar Engineering College >>Boring Road >>Budh Marg >>Dr Jakir Hussain High School >>Exhibition Road >>Gulzarbagh >>Indra Gandhi Institute >>Inst Of Mgt Beaur >>Kanker Bagh >>Khajpura >>L N Mishra Inst Of Eco Dev >>Magadh Mahila College Patna >>Microsate Patna >>Mokama >>New Patliputra >>Oriental College >>Pataliputra Colony >>Patna Ashiyana Ramnagri More >>Patna City >>Patna City >>Patna Danapur >>Patna Gardani Bagh >>Patna Hanuman Nagar >>Patna Kankar Bagh >>Patna Main >>Patna Main >>Patna Marufganj >>Patna Nisharpura >>Patna University >>Rps Complex >>Sam Vertical Patna

MICR code for Indian Bank Patna University

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 University 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 Patna University branch. MICR code for Patna University 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 University is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patna University 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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