Indian Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Indian Bank Thane Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400019057
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Brahmand (Thane West)
Contact	Phone 1 02225898196 phone 2 02225899581
Bank Details	Indian Bank Brahmand (Thane West) IDIB000B110

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400607
Country	IN
Address	Universal high school, dharmachapada, off ghodbunder road, brahmand, phase - 6 thane (w)

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 400019057 for Brahmand (Thane West) 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 400019057 of Indian Bank, Brahmand (Thane West) branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Brahmand (Thane West) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Indian Bank are available with micr code -

>>Bhayandar >>Brahmand (Thane West) >>Dombivali >>Khopat Thane >>Mira Road East >>Mumbai Ambernath >>Mumbai Belapur >>Mumbai Koperkhairne >>Mumbra >>Thane >>Thane (West) >>Vashi

MICR code for Indian Bank Brahmand (Thane West)

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 Brahmand (Thane West) 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. 400019057 is the MICR code of Indian Bank for Brahmand (Thane West) branch. MICR code for Brahmand (Thane West) 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 Brahmand (Thane West) is presented in the table alongside.

Use of Indian Bank MICR code for Brahmand (Thane West) branch in thane

The MICR code 400019057 is used in RBI cheque clearing process to identify the branch Brahmand (Thane West) 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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