Indian Bank Deoghar Deoghar Jharkhand MICR CODE

Find MICR Codes for Indian Bank Deoghar Deoghar Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kadrasal
Contact	0
Bank Details	Indian Bank Kadrasal IDIB000K513

Location	Deoghar, Deoghar
City	Deoghar
District	Deoghar
State	Jharkhand
Pincode
Country	IN
Address	Dist deoghar pargodi karrasal

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 0 for Kadrasal 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 0 of Indian Bank, Kadrasal branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Kadrasal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Indian Bank are available with micr code -

>>Basbutia >>Chitra Colliery >>Deogarh >>Deoghar >>Deoghar Satsang Chowk >>Jiakhara >>Kadrasal

MICR code for Indian Bank Kadrasal

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 Kadrasal 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. 0 is the MICR code of Indian Bank for Kadrasal branch. MICR code for Kadrasal 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 Kadrasal is presented in the table alongside.

Use of Indian Bank MICR code for Kadrasal branch in deoghar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kadrasal 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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