Indian Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indian Bank Delhi Delhi New Delhi

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MICR Code	110019073
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Punjabi Bagh East
Contact	011-28316243
Bank Details	Indian Bank Punjabi Bagh East IDIB000P198

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110026
Country	IN
Address	28,east avenue road east punjabhi bagh 110026

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 110019073 for Punjabi Bagh East 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 110019073 of Indian Bank, Punjabi Bagh East branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Punjabi Bagh East branch, makes the characters readable even if there are other marks and stamps on it.

A total of 36 branches of Indian Bank are available with micr code -

>>Adarsh Nagar >>C R Park Delhi >>Corporate Branch New Delhi >>Dwarka Sector 10 >>Ggs Indraprastha University Dwarka >>Gujranwala Town >>Hardevpuri >>Harinagar >>Ind Mid Corporate Delhi >>Ind Retail New Delhi >>Ind Retail Vertical Connaught Place Delhi >>Jangpura >>Lajpat Nagar >>Large Corporate Branch Delhi >>Laxmi Nagar >>Lcb New Delhi >>Mahavir Enclave >>Malviya Nagar Delhi >>Matiala >>Mcb Nehru Palace >>Mcb Parliament Street >>Mcb Parliament Street >>Naveen Shahdara >>Paschim Vihar >>Punjabi Bagh East >>Rashtrapati Bhavan >>Rohini Sector 24 >>Rohini Sector 8 >>S M E New Delhi >>Sonia Vihar >>Sultanpur >>Uttam Nagar >>Uttari Pitampura >>Vishnu Garden >>Vivek Vihar >>Yamuna Vihar

MICR code for Indian Bank Punjabi Bagh East

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 Punjabi Bagh East 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. 110019073 is the MICR code of Indian Bank for Punjabi Bagh East branch. MICR code for Punjabi Bagh East 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 Punjabi Bagh East is presented in the table alongside.

Use of Indian Bank MICR code for Punjabi Bagh East branch in delhi

The MICR code 110019073 is used in RBI cheque clearing process to identify the branch Punjabi Bagh East 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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