Indian Bank Sathuvanchary Vellore Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Sathuvanchary Vellore Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	632019049
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Perumugai
Contact	9944773942
Bank Details	Indian Bank Perumugai IDIB000P241

Location	Sathuvanchary, Vellore
City	Sathuvanchary
District	Vellore
State	Tamil Nadu
Pincode	632009
Country	IN
Address	Perumugai village panchayat-old office, arcot road north nh, near perumugai bus stop, perumugai, vellore dist, tamilnadu, pin-632009

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 632019049 for Perumugai 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 632019049 of Indian Bank, Perumugai branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Perumugai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indian Bank are available with micr code -

>>Perumugai >>Poottuthakku >>Sathuvachary

MICR code for Indian Bank Perumugai

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 Perumugai 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. 632019049 is the MICR code of Indian Bank for Perumugai branch. MICR code for Perumugai 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 Perumugai is presented in the table alongside.

Use of Indian Bank MICR code for Perumugai branch in sathuvanchary

The MICR code 632019049 is used in RBI cheque clearing process to identify the branch Perumugai 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.

Copied!