Indian Bank Gandhinagar Gandhinagar Gujarat MICR CODE

Find MICR Codes for Indian Bank Gandhinagar Gandhinagar Gujarat

Bank
State
District
City
Branch
Address

MICR Code	380019009
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gandhi Nagar (Guj)
Contact	079 23222080
Bank Details	Indian Bank Gandhi Nagar (Guj) IDIB000G047

Location	Gandhinagar, Gandhinagar
City	Gandhinagar
District	Gandhinagar
State	Gujarat
Pincode	382016
Country	IN
Address	Block 316 sector 16 gandhinagar 382016

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 380019009 for Gandhi Nagar (Guj) 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 380019009 of Indian Bank, Gandhi Nagar (Guj) branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Gandhi Nagar (Guj) 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 -

>>Gandhi Nagar (Guj)

MICR code for Indian Bank Gandhi Nagar (Guj)

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 Gandhi Nagar (Guj) 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. 380019009 is the MICR code of Indian Bank for Gandhi Nagar (Guj) branch. MICR code for Gandhi Nagar (Guj) 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 Gandhi Nagar (Guj) is presented in the table alongside.

Use of Indian Bank MICR code for Gandhi Nagar (Guj) branch in gandhinagar

The MICR code 380019009 is used in RBI cheque clearing process to identify the branch Gandhi Nagar (Guj) 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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