Indian Bank Tiruchirappalli Tiruchiorappalli Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Tiruchirappalli Tiruchiorappalli Tamil Nadu

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MICR Code	620019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ponnagar
Contact	0431 2482138
Bank Details	Indian Bank Ponnagar IDIB000P105

Location	Tiruchirappalli, Tiruchiorappalli
City	Tiruchirappalli
District	Tiruchiorappalli
State	Tamil Nadu
Pincode	620001
Country	IN
Address	197 dindugal main road ponnagar trichy dist 620001

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 620019006 for Ponnagar 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 620019006 of Indian Bank, Ponnagar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Ponnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Indian Bank are available with micr code -

>>Ariyamangalam >>Crawford >>Golden Rock >>Gundur >>Melakalkandarkottai >>Palakkarai >>Ponnagar >>Rock Fort >>Srirangam >>Sundar Nagar >>Tennur >>Thillai Nagar >>Tiruchirappalli Main >>Tiruvanaikovil >>Trichy Cantonment >>Trichy Market >>Woraiyur

MICR code for Indian Bank Ponnagar

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 Ponnagar 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. 620019006 is the MICR code of Indian Bank for Ponnagar branch. MICR code for Ponnagar 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 Ponnagar is presented in the table alongside.

Use of Indian Bank MICR code for Ponnagar branch in tiruchirappalli

The MICR code 620019006 is used in RBI cheque clearing process to identify the branch Ponnagar 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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