Indian Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code	211019086
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sector 18 Noida
Contact	01202 510918
Bank Details	Indian Bank Sector 18 Noida IDIB000S211

Location	Noida, Gautam Buddha Nagar
City	Noida
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	N-9 sector 18 noida g b nagar uttar pradesh pin-201301

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 211019086 for Sector 18 Noida 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 211019086 of Indian Bank, Sector 18 Noida branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Sector 18 Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Indian Bank are available with micr code -

>>Ind Retail Ghaziabad >>Noida Sector Sixty Six >>Sector 18 Noida >>Sector 63 Noida >>Sector 93A Noida

MICR code for Indian Bank Sector 18 Noida

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 Sector 18 Noida 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. 211019086 is the MICR code of Indian Bank for Sector 18 Noida branch. MICR code for Sector 18 Noida 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 Sector 18 Noida is presented in the table alongside.

Use of Indian Bank MICR code for Sector 18 Noida branch in noida

The MICR code 211019086 is used in RBI cheque clearing process to identify the branch Sector 18 Noida 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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