Indian Bank Hamirpur Tibbi Himachal Pradesh MICR CODE

Find MICR Codes for Indian Bank Hamirpur Tibbi Himachal Pradesh

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MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tibbi
Contact	0
Bank Details	Indian Bank Tibbi IDIB000T569

Location	Hamirpur, Tibbi
City	Hamirpur
District	Tibbi
State	Himachal Pradesh
Pincode	177020
Country	IN
Address	State himachal pradesh pin 177020 village tibbi post kuthera tehsil dis tibbi

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 0 for Tibbi 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 0 of Indian Bank, Tibbi branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Tibbi 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 -

>>Tibbi

MICR code for Indian Bank Tibbi

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 Tibbi 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. 0 is the MICR code of Indian Bank for Tibbi branch. MICR code for Tibbi 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 Tibbi is presented in the table alongside.

Use of Indian Bank MICR code for Tibbi branch in hamirpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tibbi 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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