Indian Bank Royakottah Krishnagiri Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Royakottah Krishnagiri Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Royakottah
Contact 04348 232446
Bank Details Indian Bank Royakottah IDIB000R020
Location Royakottah, Krishnagiri
City Royakottah
District Krishnagiri
State Tamil Nadu
Pincode 635116
Country IN
Address Geethalakshmi complex 1/796 krishnagiri road royakottah 635116
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 635019011 for Royakottah 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 635019011 of Indian Bank, Royakottah branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Royakottah 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 -

>>Royakottah

MICR code for Indian Bank Royakottah

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 Royakottah 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. 635019011 is the MICR code of Indian Bank for Royakottah branch. MICR code for Royakottah 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 Royakottah is presented in the table alongside.

Use of Indian Bank MICR code for Royakottah branch in royakottah

The MICR code 635019011 is used in RBI cheque clearing process to identify the branch Royakottah 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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