Indian Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Indian Bank Bangalore Bangalore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560019056
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Brookfield Branch Bangalore
Contact	0
Bank Details	Indian Bank Brookfield Branch Bangalore IDIB000B198

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode
Country	IN
Address	No 296, b and d block aecs layout main road aecs layout kundalahalli, brookefield

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 560019056 for Brookfield Branch Bangalore 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 560019056 of Indian Bank, Brookfield Branch Bangalore branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Brookfield Branch Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Indian Bank are available with micr code -

>>Brookfield Branch Bangalore >>Btm Layout Bangalore >>Electronic City Phase Two >>Kr Puram

MICR code for Indian Bank Brookfield Branch Bangalore

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 Brookfield Branch Bangalore 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. 560019056 is the MICR code of Indian Bank for Brookfield Branch Bangalore branch. MICR code for Brookfield Branch Bangalore 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 Brookfield Branch Bangalore is presented in the table alongside.

Use of Indian Bank MICR code for Brookfield Branch Bangalore branch in bangalore

The MICR code 560019056 is used in RBI cheque clearing process to identify the branch Brookfield Branch Bangalore 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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