Indian Bank Tuticorin Tuticorin Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Tuticorin Tuticorin Tamil Nadu

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Villiseri
Contact	91-979003994
Bank Details	Indian Bank Villiseri IDIB000V167

Location	Tuticorin, Tuticorin
City	Tuticorin
District	Tuticorin
State	Tamil Nadu
Pincode	628716
Country	IN
Address	No 1/238a, rice mill street, villiseri village, kovilpatti taluk, tuticorin pin 628716

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 Villiseri 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, Villiseri branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Villiseri 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 -

>>Savalaperi >>Villiseri

MICR code for Indian Bank Villiseri

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

Use of Indian Bank MICR code for Villiseri branch in tuticorin

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