Indian Bank Tanuku West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Indian Bank Tanuku West Godavari Andhra Pradesh

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MICR Code	534019203
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tetali
Contact	08819 229009
Bank Details	Indian Bank Tetali IDIB000T159

Location	Tanuku, West Godavari
City	Tanuku
District	West Godavari
State	Andhra Pradesh
Pincode	534218
Country	IN
Address	3-123/b near gowda ramalayam tetali west godavari district andhra pradesh-534218

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 534019203 for Tetali 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 534019203 of Indian Bank, Tetali branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Tetali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Tanuku >>Tetali

MICR code for Indian Bank Tetali

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 Tetali 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. 534019203 is the MICR code of Indian Bank for Tetali branch. MICR code for Tetali 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 Tetali is presented in the table alongside.

Use of Indian Bank MICR code for Tetali branch in tanuku

The MICR code 534019203 is used in RBI cheque clearing process to identify the branch Tetali 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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