Indian Bank Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Indian Bank Amravati Amravati Maharashtra

Bank
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	Amravati Rathi Nagar
Contact	0
Bank Details	Indian Bank Amravati Rathi Nagar IDIB000A614

Location	Amravati, Amravati
City	Amravati
District	Amravati
State	Maharashtra
Pincode
Country	IN
Address	Rathinagar plot no 34 near shegaon naka

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

A total of 5 branches of Indian Bank are available with micr code -

>>Amravati >>Amravati >>Amravati Camp >>Amravati Rathi Nagar >>Pimpri Nipani

MICR code for Indian Bank Amravati Rathi Nagar

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 Amravati Rathi Nagar 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 Amravati Rathi Nagar branch. MICR code for Amravati Rathi Nagar 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 Amravati Rathi Nagar is presented in the table alongside.

Use of Indian Bank MICR code for Amravati Rathi Nagar branch in amravati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amravati Rathi Nagar 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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