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Indian Bank Katwa Barddhaman West Bengal MICR CODE

Find MICR Codes for Indian Bank Katwa Barddhaman West Bengal

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	Katwa
Contact	9433609620
Bank Details	Indian Bank Katwa IDIB000K289

Location	Katwa, Barddhaman
City	Katwa
District	Barddhaman
State	West Bengal
Pincode	713130
Country	IN
Address	Indira gandhi more, subodh smriti road, 1,ward no 12, katwa, burdwan dist, west bengal, pin-713130

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 Katwa 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, Katwa branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Katwa 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 -

>>Katwa

MICR code for Indian Bank Katwa

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 Katwa 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 Katwa branch. MICR code for Katwa 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 Katwa is presented in the table alongside.

Use of Indian Bank MICR code for Katwa branch in katwa

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