Indian Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Varanasi Varanasi Uttar Pradesh

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MICR Code	221019002
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Varanasi
Contact	0542 2414217
Bank Details	Indian Bank Varanasi IDIB000V009

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	No.c-7/34-b, lahurabir varanasi 221001

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 221019002 for Varanasi 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 221019002 of Indian Bank, Varanasi branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Varanasi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Indian Bank are available with micr code -

>>Amara >>Brij Enclave Varanasi >>Daffi >>Godowlia >>Govindpur Rohania >>Kamachha Varanasi >>Kvp Univ >>Manduadih Varanasi >>Nadesar >>Pilikothi >>Ravindrapuri >>Ravindrapuri >>Sampoornand Sanskrit University >>Shivpurwa >>Thatra Kachhwa Road >>Up College Campus >>Varanasi >>Varanasi Chowk >>Varanasi Mahabir Road >>Varanasi Ramnagar >>Varanasi Shivpur >>Varanasi Sindhora >>Varanasi Station Road

MICR code for Indian Bank Varanasi

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 Varanasi 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. 221019002 is the MICR code of Indian Bank for Varanasi branch. MICR code for Varanasi 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 Varanasi is presented in the table alongside.

Use of Indian Bank MICR code for Varanasi branch in varanasi

The MICR code 221019002 is used in RBI cheque clearing process to identify the branch Varanasi 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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