Indian Bank Machhrauli Yamunanagar Haryana MICR CODE

Find MICR Codes for Indian Bank Machhrauli Yamunanagar Haryana

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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	Machhrauli
Contact	8901300129
Bank Details	Indian Bank Machhrauli IDIB000M300

Location	Machhrauli, Yamunanagar
City	Machhrauli
District	Yamunanagar
State	Haryana
Pincode	135102
Country	IN
Address	Village and post machhrauli tehsil samalkha dist panipat haryana

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

>>Machhrauli

MICR code for Indian Bank Machhrauli

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

Use of Indian Bank MICR code for Machhrauli branch in machhrauli

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