Indian Bank Vikravandi Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Vikravandi Villupuram Tamil Nadu

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vikravandi
Contact 04146 233232
Bank Details Indian Bank Vikravandi IDIB000V019
Location Vikravandi, Villupuram
City Vikravandi
District Villupuram
State Tamil Nadu
Pincode 605652
Country IN
Address 2/51 perumal koil street vokravandi villupuram 605652
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 605019097 for Vikravandi 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 605019097 of Indian Bank, Vikravandi branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Vikravandi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Indian Bank are available with micr code -

>>Nemur >>Vikravandi

MICR code for Indian Bank Vikravandi

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 Vikravandi 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. 605019097 is the MICR code of Indian Bank for Vikravandi branch. MICR code for Vikravandi 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 Vikravandi is presented in the table alongside.

Use of Indian Bank MICR code for Vikravandi branch in vikravandi

The MICR code 605019097 is used in RBI cheque clearing process to identify the branch Vikravandi 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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