Indian Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Indian Bank Vadodara Vadodara Gujarat

Bank
State
District
City
Branch
Address

MICR Code	390019005
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gotri Road (Baroda)
Contact	0265-2327242/43/45/46
Bank Details	Indian Bank Gotri Road (Baroda) IDIB000G064

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390021
Country	IN
Address	1, sujata society, harinagar char rasta, gotri road, vadodara – 390021

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 390019005 for Gotri Road (Baroda) 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 390019005 of Indian Bank, Gotri Road (Baroda) branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Gotri Road (Baroda) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Indian Bank are available with micr code -

>>Alkapuri >>Baroda >>Baroda Ajwa Road >>Fateh Gunj >>Gotri Road (Baroda) >>Ind Msme Vadodara >>Karelibagh >>Makarpura >>New Alkapuri

MICR code for Indian Bank Gotri Road (Baroda)

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 Gotri Road (Baroda) 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. 390019005 is the MICR code of Indian Bank for Gotri Road (Baroda) branch. MICR code for Gotri Road (Baroda) 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 Gotri Road (Baroda) is presented in the table alongside.

Use of Indian Bank MICR code for Gotri Road (Baroda) branch in vadodara

The MICR code 390019005 is used in RBI cheque clearing process to identify the branch Gotri Road (Baroda) 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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