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Indian Bank Manjusar Vadodara Gujarat MICR CODE

Find MICR Codes for Indian Bank Manjusar Vadodara Gujarat

Bank
State
District
City
Branch
Address

MICR Code	391019006
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Manjusar
Contact	02667 264100
Bank Details	Indian Bank Manjusar IDIB000A050

Location	Manjusar, Vadodara
City	Manjusar
District	Vadodara
State	Gujarat
Pincode	391776
Country	IN
Address	Mahadev falia baroda savli road manjusar baroda 391776

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 391019006 for Manjusar 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 391019006 of Indian Bank, Manjusar branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Manjusar 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 -

>>Manjusar

MICR code for Indian Bank Manjusar

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 Manjusar 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. 391019006 is the MICR code of Indian Bank for Manjusar branch. MICR code for Manjusar 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 Manjusar is presented in the table alongside.

Use of Indian Bank MICR code for Manjusar branch in manjusar

The MICR code 391019006 is used in RBI cheque clearing process to identify the branch Manjusar 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.