MICR Code Bank
Find MICR code for India Post Payments Bank branches in India for NEFT and RTGS transfer

India Post Payments Bank MICR CODE

Find MICR Codes for India Post Payments Bank

Selected Bank + -

  

Selected State + -

  

Selected District + -

  

Selected City + -

  

Selected Branch + -

  
  1. India Post Payment Bank »
  2. New Delhi »
  3. new delhi »
  4. delhi »
  5. additional switch new delhi

Find MICR Codes for India Post Payments Bank

MICR Code: -NA-
Bank: India Post Payment Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Additional Switch New Delhi
Contact: 11-23362148
Bank Details: India Post Payment Bank Additional Switch New Delhi IPOS0000ISU
Location: Delhi, New Delhi
City: Delhi
District: New Delhi
State: New Delhi
Pincode: 110001
Country: IN
Address: 2nd floor speed post centre bhai veer singh marg market road new delhi 110001

How does MICR code for 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 of IPPB, branch makes the system almost error free and faster. Use of IPPB MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of India Post Payment Bank are available with micr code

>>Additional Switch New Delhi >>Post Office Savings Bank All India Single Ifsc

MICR code for India Post Payments Bank

India Post Payments Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IPPB MICR code for 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. is the MICR code of India Post Payments Bank for branch. MICR code for 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 IPPB is presented in the table alongside.

Use of IPPB MICR code for branch in delhi

The MICR code is used in RBI cheque clearing process to identify the branch and IPPB 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 India Post Payments Bank is typically in either of these two font’s: E-138 and CMC-7.