Indian Bank Salaigramam Sivaganga Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Salaigramam Sivaganga Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salaigramam
Contact 04564 263233
Bank Details Indian Bank Salaigramam IDIB000S069
Location Salaigramam, Sivaganga
City Salaigramam
District Sivaganga
State Tamil Nadu
Pincode 630710
Country IN
Address 1/95-96, main road salaigramam sivagangai 630710
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 630019005 for Salaigramam 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 630019005 of Indian Bank, Salaigramam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Salaigramam 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 -

>>Salaigramam

MICR code for Indian Bank Salaigramam

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 Salaigramam 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. 630019005 is the MICR code of Indian Bank for Salaigramam branch. MICR code for Salaigramam 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 Salaigramam is presented in the table alongside.

Use of Indian Bank MICR code for Salaigramam branch in salaigramam

The MICR code 630019005 is used in RBI cheque clearing process to identify the branch Salaigramam 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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