Indian Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Indian Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tonk Road Jaipur
Contact 2711981
Bank Details Indian Bank Tonk Road Jaipur IDIB000T182
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302015
Country IN
Address Anita colony, opp gandhi vihar railway station, tonk road, jaipur, rajasthan, pin-302015
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 302019006 for Tonk Road Jaipur 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 302019006 of Indian Bank, Tonk Road Jaipur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Tonk Road Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indian Bank Tonk Road Jaipur

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 Tonk Road Jaipur 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. 302019006 is the MICR code of Indian Bank for Tonk Road Jaipur branch. MICR code for Tonk Road Jaipur 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 Tonk Road Jaipur is presented in the table alongside.

Use of Indian Bank MICR code for Tonk Road Jaipur branch in jaipur

The MICR code 302019006 is used in RBI cheque clearing process to identify the branch Tonk Road Jaipur 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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