Indian Bank Vengikkal Tiruvannamalai Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Vengikkal Tiruvannamalai Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vengikkal
Contact 04175 232761
Bank Details Indian Bank Vengikkal IDIB000V105
Location Vengikkal, Tiruvannamalai
City Vengikkal
District Tiruvannamalai
State Tamil Nadu
Pincode 606604
Country IN
Address Ii floor collectorate building ,vellore road tiruvannamalai tiruvannamalai tamil nadu-60660
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 606019202 for Vengikkal 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 606019202 of Indian Bank, Vengikkal branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vengikkal 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 -

>>Vengikkal

MICR code for Indian Bank Vengikkal

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 Vengikkal 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. 606019202 is the MICR code of Indian Bank for Vengikkal branch. MICR code for Vengikkal 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 Vengikkal is presented in the table alongside.

Use of Indian Bank MICR code for Vengikkal branch in vengikkal

The MICR code 606019202 is used in RBI cheque clearing process to identify the branch Vengikkal 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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