Indian Bank Surendranagar Surendranagar Gujarat MICR CODE

Find MICR Codes for Indian Bank Surendranagar Surendranagar Gujarat

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surendra Nagar
Contact 02752 220043
Bank Details Indian Bank Surendra Nagar IDIB000S154
Location Surendranagar, Surendranagar
City Surendranagar
District Surendranagar
State Gujarat
Pincode 363001
Country IN
Address Rajveer shopping centre near surekha wadi surendranagar 363001
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 363019005 for Surendra Nagar 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 363019005 of Indian Bank, Surendra Nagar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Surendra Nagar 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 -

>>Surendra Nagar

MICR code for Indian Bank Surendra Nagar

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 Surendra Nagar 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. 363019005 is the MICR code of Indian Bank for Surendra Nagar branch. MICR code for Surendra Nagar 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 Surendra Nagar is presented in the table alongside.

Use of Indian Bank MICR code for Surendra Nagar branch in surendranagar

The MICR code 363019005 is used in RBI cheque clearing process to identify the branch Surendra Nagar 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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