Indian Bank North 24 Parganas Hoshiarpur West Bengal MICR CODE

Find MICR Codes for Indian Bank North 24 Parganas Hoshiarpur West Bengal

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rashmoni More Sodepur
Contact 0
Bank Details Indian Bank Rashmoni More Sodepur IDIB000S740
Location North 24 Parganas, Hoshiarpur
City North 24 Parganas
District Hoshiarpur
State West Bengal
Pincode
Country IN
Address R n avenue house no 77
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 Rashmoni More Sodepur 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, Rashmoni More Sodepur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Rashmoni More Sodepur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indian Bank are available with micr code -

>>Kumarpukur >>Naihati Garifa >>Rashmoni More Sodepur >>Swarupnagar Bazar

MICR code for Indian Bank Rashmoni More Sodepur

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 Rashmoni More Sodepur 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 Rashmoni More Sodepur branch. MICR code for Rashmoni More Sodepur 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 Rashmoni More Sodepur is presented in the table alongside.

Use of Indian Bank MICR code for Rashmoni More Sodepur branch in north 24 parganas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rashmoni More Sodepur 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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