Indian Bank Taloja Raigad Maharashtra MICR CODE

Find MICR Codes for Indian Bank Taloja Raigad Maharashtra

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MICR Code	400019083
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Taloja Mumbai
Contact	7400083494
Bank Details	Indian Bank Taloja Mumbai IDIB000T199

Location	Taloja, Raigad
City	Taloja
District	Raigad
State	Maharashtra
Pincode	410208
Country	IN
Address	Shop no.1,2,3,amar armony plot no. 22,sector 4, taloja phase 1 taloja

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 400019083 for Taloja Mumbai 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 400019083 of Indian Bank, Taloja Mumbai branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Taloja Mumbai 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 -

>>Taloja Mumbai

MICR code for Indian Bank Taloja Mumbai

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 Taloja Mumbai 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. 400019083 is the MICR code of Indian Bank for Taloja Mumbai branch. MICR code for Taloja Mumbai 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 Taloja Mumbai is presented in the table alongside.

Use of Indian Bank MICR code for Taloja Mumbai branch in taloja

The MICR code 400019083 is used in RBI cheque clearing process to identify the branch Taloja Mumbai 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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