Indian Bank Tiruchirappalli Tiruchiorappalli Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Tiruchirappalli Tiruchiorappalli Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Srirangam
Contact 0431 2432226
Bank Details Indian Bank Srirangam IDIB000S037
Location Tiruchirappalli, Tiruchiorappalli
City Tiruchirappalli
District Tiruchiorappalli
State Tamil Nadu
Pincode 620006
Country IN
Address S.n. Towers no.10, thiruvalluvar street srirangam 620006
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 620019011 for Srirangam 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 620019011 of Indian Bank, Srirangam branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Srirangam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Srirangam

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 Srirangam 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. 620019011 is the MICR code of Indian Bank for Srirangam branch. MICR code for Srirangam 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 Srirangam is presented in the table alongside.

Use of Indian Bank MICR code for Srirangam branch in tiruchirappalli

The MICR code 620019011 is used in RBI cheque clearing process to identify the branch Srirangam 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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