Indian Bank Mavelikkara Alapuzzha Kerala MICR CODE

Find MICR Codes for Indian Bank Mavelikkara Alapuzzha Kerala

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MICR Code
Bank Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mavelikkara
Contact 0479 2303313
Bank Details Indian Bank Mavelikkara IDIB000M148
Location Mavelikkara, Alapuzzha
City Mavelikkara
District Alapuzzha
State Kerala
Pincode 690101
Country IN
Address Mavelikkara p b no 23 puthiyakavu, mavelikkara 690101
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.

Search Indian Bank MICR Codes in alapuzzha

You can search through MICR Codes of Kerala branches in mavelikkara of District alapuzzha in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Bank are available with micr code -

>>Mavelikkara

How to find MICR codes for Indian Bank in mavelikkara?

Indian Bank mavelikkara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Indian Bank MICR codes list for mavelikkara, one can further search by branch name specified in the table. You can find MICR codes for all Indian Bank mavelikkara branches.

Indian Bank MICR code in mavelikkara

Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. Indian Bank MICR code for mavelikkara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Indian Bank branches in mavelikkara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Indian Bank MICR code for mavelikkara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Bank mavelikkara branch, sprinted 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. Thus MICR code for Indian Bank mavelikkara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Indian Bank MICR codes for mavelikkara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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