Indian Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Indian Bank Kolkata Kolkata West Bengal

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shyam Bazaar
Contact 033 25546416
Bank Details Indian Bank Shyam Bazaar IDIB000S054
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700004
Country IN
Address 3 bhabhanath sen street shyam bazaar kolkata 700004
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 700019020 for Shyam Bazaar 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 700019020 of Indian Bank, Shyam Bazaar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Shyam Bazaar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 104 branches of Indian Bank are available with micr code -

>>A J C Bose Road >>Alipore Road >>Arabinda Sarani >>Armb Kolkata >>B B Chatterjee St >>B K Pal Avenue >>B T Road >>Baghbazar >>Ballygunge >>Ballygunje >>Barisa >>Beadon Street >>Behala Main >>Beliaghata >>Bhowanipore >>Bhowanipore >>Bowbazar >>Burra Bazaar >>Burra Bazar >>Central Avenue >>Chakraberia >>Chetla >>Chittaranjan Avenue >>Chowringhee Road >>College Square >>Cossipore >>D H Road >>Dhakuria >>Dharamtalla Street >>Dharamtolla >>Dumdum >>Elgin Road >>Em Bypass >>Entally >>Fairlie Place >>Ganesh Chandra Avenue >>Garia >>Gariahat >>Gariahat >>Gauri Bere >>Goalpark >>Golf Garden >>Harish Mukherjee Road >>Hatibagan >>Hazra >>Hide Road >>Ind Msme Kolkata >>Ind Retail Kolkata >>J L Nehru Road >>Jadavpur >>Jodhpur Park >>Jodhpur Park >>Kankurgachi >>Kidderpore >>Kidderpore >>Kolkata Garden Reach >>Kolkata Gopallal Thakur Rd >>Kolkata Main >>Kolkata South >>Kolkata Thakurpukur >>Kolkotta Main >>Lake Gardens >>Lake Town >>Large Corporate Branch Kolkata >>Lcb. Kolkata >>Maniktolla >>Mcb Central Avenue Kolkata >>Mcb Mission Row Kolkata >>Microsat Kolkata >>Mission Row >>Msme Cpu Kolkata >>Mukul Bose Rd >>Naktala >>New Alipore >>Park Circus >>Park Street >>Parnasreepally >>R N Tagore Intern Inst. >>Rabindra Sarani >>Rajarhat >>Ranikuthi >>Rash Behari Avenue >>Raynagar Bansdroni >>Ritchie Road >>Rpc Kolkata >>Russel Street >>Salt Lake City >>Salt Lake La Block >>Salt Lake Sector V >>Sam Kolkatta >>Sarat Bose Road >>Sealdah >>Shyam Bazaar >>South Sinthi >>Southern Avenue >>Southern Avenue >>Ssi Finance Kolkata >>Strand Road >>Strand Road >>Tollygunge >>Tollygunj >>Ultadanga >>Vivekananda Road >>Wellesley Street

MICR code for Indian Bank Shyam Bazaar

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 Shyam Bazaar 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. 700019020 is the MICR code of Indian Bank for Shyam Bazaar branch. MICR code for Shyam Bazaar 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 Shyam Bazaar is presented in the table alongside.

Use of Indian Bank MICR code for Shyam Bazaar branch in kolkata

The MICR code 700019020 is used in RBI cheque clearing process to identify the branch Shyam Bazaar 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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