Indian Bank Mathur Krishnagiri Tamil Nadu MICR CODE

Find MICR Codes for Indian Bank Mathur Krishnagiri Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	635019018
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mathur
Contact	04341 256400
Bank Details	Indian Bank Mathur IDIB000M155

Location	Mathur, Krishnagiri
City	Mathur
District	Krishnagiri
State	Tamil Nadu
Pincode	635203
Country	IN
Address	153/2 krishnagiri main road mathur 635203

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 635019018 for Mathur 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 635019018 of Indian Bank, Mathur branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Mathur 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 -

>>Mathur

MICR code for Indian Bank Mathur

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 Mathur 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. 635019018 is the MICR code of Indian Bank for Mathur branch. MICR code for Mathur 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 Mathur is presented in the table alongside.

Use of Indian Bank MICR code for Mathur branch in mathur

The MICR code 635019018 is used in RBI cheque clearing process to identify the branch Mathur 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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