Indian Bank Barasat North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Indian Bank Barasat North 24 Parganas West Bengal

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barasat
Contact 033 25241067
Bank Details Indian Bank Barasat IDIB000B091
Location Barasat, North 24 Parganas
City Barasat
District North 24 Parganas
State West Bengal
Pincode 700126
Country IN
Address Uttarayan nabapally 993/1 barrackpore road barasat kolkatta 700126
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 700019034 for Barasat 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 700019034 of Indian Bank, Barasat branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Barasat 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 -

>>Barasat

MICR code for Indian Bank Barasat

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 Barasat 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. 700019034 is the MICR code of Indian Bank for Barasat branch. MICR code for Barasat 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 Barasat is presented in the table alongside.

Use of Indian Bank MICR code for Barasat branch in barasat

The MICR code 700019034 is used in RBI cheque clearing process to identify the branch Barasat 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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