Indian Bank Perumbakkam Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Perumbakkam Villupuram Tamil Nadu

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MICR Code	604019017
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Perumbakkam
Contact	04147 233228
Bank Details	Indian Bank Perumbakkam IDIB000P164

Location	Perumbakkam, Villupuram
City	Perumbakkam
District	Villupuram
State	Tamil Nadu
Pincode	604304
Country	IN
Address	Perumbakkam villupuram dist 604304

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 604019017 for Perumbakkam 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 604019017 of Indian Bank, Perumbakkam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Perumbakkam 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 -

>>Perumbakkam

MICR code for Indian Bank Perumbakkam

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 Perumbakkam 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. 604019017 is the MICR code of Indian Bank for Perumbakkam branch. MICR code for Perumbakkam 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 Perumbakkam is presented in the table alongside.

Use of Indian Bank MICR code for Perumbakkam branch in perumbakkam

The MICR code 604019017 is used in RBI cheque clearing process to identify the branch Perumbakkam 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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