Indian Bank Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Indian Bank Ghaziabad Ghaziabad Uttar Pradesh

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MICR Code	201019902
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vasundhra
Contact	079 22971797
Bank Details	Indian Bank Vasundhra IDIB000V118

Location	Ghaziabad, Ghaziabad
City	Ghaziabad
District	Ghaziabad
State	Uttar Pradesh
Pincode	201012
Country	IN
Address	C- 40 upper ground floor, ten tower, sector 15, vasundhara, ghaziabad dist, uttar pradesh, pin - 201012

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 201019902 for Vasundhra 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 201019902 of Indian Bank, Vasundhra branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vasundhra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Indian Bank are available with micr code -

>>Abhay Khand Indirapuram >>Crossings Republik >>Delhi Ncr Pratap Vihar >>Delhi Ncr Vaishali >>Ghaziabad >>Ghaziabad >>Ghaziabad Delhi Gate >>Ghaziabad Ingraham Institute >>Ghaziabad Navyug Market >>Ghaziabad Vasundhara >>Indirapuram >>Indirapuram >>Kalchinna >>Nandgram >>Raj Nagar >>Rajendra Nagar >>Vasundhra

MICR code for Indian Bank Vasundhra

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 Vasundhra 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. 201019902 is the MICR code of Indian Bank for Vasundhra branch. MICR code for Vasundhra 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 Vasundhra is presented in the table alongside.

Use of Indian Bank MICR code for Vasundhra branch in ghaziabad

The MICR code 201019902 is used in RBI cheque clearing process to identify the branch Vasundhra 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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