Indian Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Indian Bank Faridabad Faridabad Haryana

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MICR Code	110019121
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 Faridabad
Contact	1292983046
Bank Details	Indian Bank Sector Faridabad IDIB000S292

Location	Faridabad, Faridabad
City	Faridabad
District	Faridabad
State	Haryana
Pincode	121002
Country	IN
Address	Indian bank tigaon road sector 86

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 110019121 for Sector Faridabad 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 110019121 of Indian Bank, Sector Faridabad branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Sector Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Indian Bank are available with micr code -

>>Badkhal >>Dav Public School Faridabad >>Eraviputhoorkadai >>Faridabad >>Faridabad >>Faridabad Old >>Faridabad Sector Thirty Seven >>Fatehpur Indira Colony >>Ind Msme Faridabad >>Sainik Colony Faridabad >>Sec 22 Faridabad >>Sector 17 Faridabad >>Sector 29 Faridabad >>Sector Faridabad >>Spring Field Colony Faridabad

MICR code for Indian Bank Sector Faridabad

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 Faridabad 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. 110019121 is the MICR code of Indian Bank for Sector Faridabad branch. MICR code for Sector Faridabad 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 Faridabad is presented in the table alongside.

Use of Indian Bank MICR code for Sector Faridabad branch in faridabad

The MICR code 110019121 is used in RBI cheque clearing process to identify the branch Sector Faridabad 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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