Indian Bank Sitapur Ramkot Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Sitapur Ramkot Uttar Pradesh

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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	Ramkot
Contact	0
Bank Details	Indian Bank Ramkot IDIB000R562

Location	Sitapur, Ramkot
City	Sitapur
District	Ramkot
State	Uttar Pradesh
Pincode
Country	IN
Address	Sitapur ramkot tehsil sitapur

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

>>Ramkot

MICR code for Indian Bank Ramkot

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 Ramkot 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 Ramkot branch. MICR code for Ramkot 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 Ramkot is presented in the table alongside.

Use of Indian Bank MICR code for Ramkot branch in sitapur

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