Indian Bank Karaikal Karaikal Pondicherry MICR CODE

Find MICR Codes for Indian Bank Karaikal Karaikal Pondicherry

Bank
State
District
City
Branch
Address

MICR Code	609019102
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karaikal Port
Contact	04365-256619
Bank Details	Indian Bank Karaikal Port IDIB000K206

Location	Karaikal, Karaikal
City	Karaikal
District	Karaikal
State	Pondicherry
Pincode	609606
Country	IN
Address	Administration building karaikal port keezha vanjur t.r.pattinam 609606

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 609019102 for Karaikal Port 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 609019102 of Indian Bank, Karaikal Port branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Karaikal Port branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indian Bank are available with micr code -

>>Digital Banking Unit Karaikal >>Karaikal >>Karaikal Port

MICR code for Indian Bank Karaikal Port

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 Karaikal Port 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. 609019102 is the MICR code of Indian Bank for Karaikal Port branch. MICR code for Karaikal Port 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 Karaikal Port is presented in the table alongside.

Use of Indian Bank MICR code for Karaikal Port branch in karaikal

The MICR code 609019102 is used in RBI cheque clearing process to identify the branch Karaikal Port 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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