Indian Bank Mahe Mahe Pondicherry MICR CODE

Find MICR Codes for Indian Bank Mahe Mahe Pondicherry

Bank
State
District
City
Branch
Address

MICR Code	673019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mahe
Contact	0490 2332685
Bank Details	Indian Bank Mahe IDIB000M114

Location	Mahe, Mahe
City	Mahe
District	Mahe
State	Pondicherry
Pincode	673310
Country	IN
Address	11/587 1& 2 cemetery road mahe 673310

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 673019006 for Mahe 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 673019006 of Indian Bank, Mahe branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Mahe 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 -

>>Mahe

MICR code for Indian Bank Mahe

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 Mahe 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. 673019006 is the MICR code of Indian Bank for Mahe branch. MICR code for Mahe 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 Mahe is presented in the table alongside.

Use of Indian Bank MICR code for Mahe branch in mahe

The MICR code 673019006 is used in RBI cheque clearing process to identify the branch Mahe 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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