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Indian Bank Berhampur Ganjam Orissa MICR CODE

Find MICR Codes for Indian Bank Berhampur Ganjam Orissa

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Berhampur
Contact 0680-2208682
Bank Details Indian Bank Berhampur IDIB000B016
Location Berhampur, Ganjam
City Berhampur
District Ganjam
State Orissa
Pincode 760002
Country IN
Address 425/13 city high school road hanuman bazar berhampur 760002
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 760019006 for Berhampur 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 760019006 of Indian Bank, Berhampur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Berhampur 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 -

>>Berhampur

MICR code for Indian Bank Berhampur

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 Berhampur 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. 760019006 is the MICR code of Indian Bank for Berhampur branch. MICR code for Berhampur 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 Berhampur is presented in the table alongside.

Use of Indian Bank MICR code for Berhampur branch in berhampur

The MICR code 760019006 is used in RBI cheque clearing process to identify the branch Berhampur 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.