Indian Bank Karur Karur Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Karur Karur Tamil Nadu

MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karur
Contact 04324 262242
Bank Details Indian Bank Karur IDIB000K027
Location Karur, Karur
City Karur
District Karur
State Tamil Nadu
Pincode 639001
Country IN
Address P b no 28 935 jawahar bazaar, karur karur 639001
MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karur
Contact 0
Bank Details Indian Bank Karur IDIB000K613
Location Karur, Karur
City Karur
District Karur
State Tamil Nadu
Pincode
Country IN
Address 80 feet road karur k-m-p complex 2/3 sengunthapuram 3rd cross 80 feet road karur karur
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 639019099 for Karur 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 639019099 of Indian Bank, Karur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Karur 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 -

>>Andankoil >>Car Street (Karur) >>Karur >>Karur

MICR code for Indian Bank Karur

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 Karur 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. 639019099 is the MICR code of Indian Bank for Karur branch. MICR code for Karur 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 Karur is presented in the table alongside.

Use of Indian Bank MICR code for Karur branch in karur

The MICR code 639019099 is used in RBI cheque clearing process to identify the branch Karur 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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