Indian Bank Vadakkancheri Palakkad Kerala MICR CODE

Find MICR Codes for Indian Bank Vadakkancheri Palakkad Kerala

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadakkancherry
Contact 0 9496003884
Bank Details Indian Bank Vadakkancherry IDIB000V092
Location Vadakkancheri, Palakkad
City Vadakkancheri
District Palakkad
State Kerala
Pincode 678683
Country IN
Address Sara complex opp.bus stand vadakkencherry 678683
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 Vadakkancherry 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, Vadakkancherry branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vadakkancherry 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 -

>>Vadakkancherry

MICR code for Indian Bank Vadakkancherry

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 Vadakkancherry 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 Vadakkancherry branch. MICR code for Vadakkancherry 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 Vadakkancherry is presented in the table alongside.

Use of Indian Bank MICR code for Vadakkancherry branch in vadakkancheri

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